Treasurer Jim Chalmers defends his budget
Some say the federal budget didnt’ go far enough, for others it’s too far. Today, Treasurer Jim Chalmers defends his budget.
For two decades, we’ve had a tax policy that pushed up house prices, gave landlords huge advantages, and ultimately created an intergenerational wealth divide.
A week ago, the government said it wanted to do something about that and announced changes to negative gearing and capital gains tax.
But the budget hasn’t gone down well. For some, it doesn’t go far enough to make a real difference to the housing market; for others, particularly in business, changes to capital gains go too far.
You might like
Today, Treasurer Jim Chalmers defends his budget.
If you enjoy 7am, the best way you can support us is by making a contribution at 7ampodcast.com.au/support.
Socials: Stay in touch with us on Instagram
Want to see more stories from InDaily SA in your Google search results?
- Click here to set InDaily SA as a preferred source.
- Tick the box next to "InDaily SA". That's it.
