Australia passes reforms to negative gearing and capital gains tax
On June 25, Australia passed reforms to negative gearing and capital gains tax, aimed at assisting first home buyers. Treasurer Jim Chalmers stated the changes will promote investment in new housing while addressing unaffordability. However, critics warn that recent declines in house prices could indicate a hit to investor confidence.
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Published 10 Jul 2026, 23:13 UTC · Updated 10 Jul 2026, 23:20 UTC
Summary by OZbrief Editorial. Original report: 7 News. Editorial policy · Corrections
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