COGNICURRENT

Feb 5 • 07:00 UTC • 🇬🇧 UK • Guardian

Capital gains tax discount to cost Australia $250bn over next decade with retirees and high-income earners to benefit most

Australia's capital gains tax discount is projected to cost nearly $250 billion over the next decade, primarily benefiting retirees and high-income earners, amidst discussions of potential reductions to assist first home buyers.

#australia #capital gains tax #retirees #high-income earners #property

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