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

Read Original Back to Feed

📡 Similar Coverage

🇬🇧 UK Mar 12 • 14:00 UTC

Capital gains tax discount 'overwhelmingly' benefits investors in Australia’s richest electorates, analysis shows

Guardian

🇬🇧 UK Jan 13 • 14:00 UTC

NSW government calls for rethink on capital gains tax discount to ease housing affordability

Guardian

🇦🇺 Australia Mar 17 • 08:02 UTC

Labor appears set to reform capital gains tax discount after parliamentary inquiry findings

Guardian Australia

🇦🇺 Australia Mar 17 • 18:42 UTC

Forget the word games. The capital gains tax question is how, not if

ABC News AU

🇦🇺 Australia Feb 4 • 12:00 UTC

Capital gains tax reform among options as Labor weighs housing pitch

ABC News AU

🇬🇧 UK Feb 5 • 23:41 UTC

Scaling back the capital gains tax discount might not help housing affordability – but there are still good reasons to do it

Guardian