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Australia Targets Housing Inequality in New Budget

Bloomberg Markets · May 12, 2026, 3:20 AM · Also reported by 4 other sources

Australia is set to crack down on tax concessions for property investors, as it looks to ease generational inequality and rein in the budget deficit. Treasurer Jim Chalmers is due to unveil the federal budget Tuesday, anchored by a flagship housing package. Bloomberg's Paul Allen reports on Australi

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Australia Targets Housing Inequality in New Budget

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