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Treasurer defends impact of budget on young investors
Key takeaways
- Jim Chalmers argues it is better for young people to invest based on economic rather than tax outcomes.
- Treasurer Jim Chalmers has defended the impact of the government's proposed tax changes on young investors.
- Some young people saving for a deposit use the share market or a strategy called rentvesting, both of which will be affected.
Why this matters: an international story with cross-border implications worth tracking.
Jim Chalmers argues it is better for young people to invest based on economic rather than tax outcomes. (ABC News: Matt Roberts)
Treasurer Jim Chalmers has defended the impact of the government's proposed tax changes on young investors.
Some young people saving for a deposit use the share market or a strategy called rentvesting, both of which will be affected.
Article preview — originally published by ABC Australia. Full story at the source.
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