Government leans into younger electorate with negative gearing, CGT changes | ABC NEWS
Negative gearing will be curbed, the capital gains tax (CGT) discount overhauled, and new tax rules imposed on trusts in next week’s federal budget as the Albanese government braces for a fierce debate about housing, wealth and intergenerational fairness.
The government will also curb the fringe benefits tax exemption for electric vehicles after its explosion in popularity.
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Read more here: https://www.abc.net.au/news/2026-05-05/labor-to-change-cgt-negative-gearing-and-trusts-in-budget/106640096
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