Episode Details

The Australian government is contemplating significant alterations to negative gearing and capital gains tax, potentially capping negative gearing at two rental properties per investor and modifying the capital gains tax discount. These changes aim to boost revenue and alleviate budget pressures, but face opposition from the Coalition, who argue they target everyday investors. The ATO reports that over one million people positively or neutrally gear on rentals, while around nine hundred fifty thousand negatively gear. The Treasurys advice will guide the next steps in this contentious debate.

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