Australian budget Australian Property Featured Article

Coalition under pressure to unwind CGT discount

Tuesday 12 July 2016

It’s only 10 days after the Federal Election and the Turnbull Government is already under pressure to adopt one half of Labor’s housing tax policy – cutting the capital gains tax (CGT) discount. From The AFR:

…a diverse range of voices including independent senator Nick Xenophon and the Property Council of Australia say CGT reform should be looked at.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.