Negative gearing and capital gains tax reform – the budget unpacked
Jim Chalmers wants the budget to be seen as ambitious, but is it? 7am discusses what the Treasurer is promising, and whether it delivers.
It was a budget framed around fairness for workers, and for young people locked out of the housing market.
Treasurer Jim Chalmers’ fifth budget restricts negative gearing – though not for anyone who was already doing it – while also promising to increase housing supply and deliver a $250 tax cut for workers.
Chalmers wants the budget to be seen as ambitious, but is it?
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Today, press gallery journalist Karen Middleton discusses what the Treasurer is promising, and whether it delivers.
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Guest: Press gallery journalist, Karen Middleton
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