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Removal Of Capital Gains Tax Discount
Labor members persistently call for an AXE to the 50% Capital Gains Tax (CGT) discount! 🪓 Labor Treasurer Jim Chalmers is being urged to overhaul the CGT discount on housing. ❓ Is this the end of Australian property investment as we know it? ⚠️ What will happen to house prices & rents? Discussion Points: 00:00: Introduction 02:31: Why are property investors being targeted? 04:17: Less investors sell= less supply on the market 07:38: 20% of investors sell within A YEAR? 09:32: Population increase but houses aren’t being built 12:35: This policy will NOT help young Australians 15:31…
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