Tag: capital gains tax
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NSW Pushes Capital Gains Tax Reform to Bolster Housing Affordability
NSW Government Urges a Rethink of the Capital Gains Tax Discount The New South Wales government has stepped up its push for federal tax reform, arguing that the current capital gains tax (CGT) discount rewards wealthy investors while making homes less affordable for everyday buyers. In a move aligned with broader concerns about housing supply…
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NSW urges rethink of capital gains tax discount to ease housing affordability
NSW urges federal reform of the capital gains tax discount to boost housing affordability The New South Wales government has stepped up its demand for a rethink of Australia’s capital gains tax (CGT) treatment to address ongoing housing affordability concerns. In a recent submission to federal Parliament, NSW Treasury argued that the generous CGT discount…
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NSW Urges Rethink on Capital Gains Tax Discount for Housing
NSW Pushes for Tax Reform to Address Housing Affordability The New South Wales government is pressing for a federal rethink of the capital gains tax (CGT) discount, arguing that generous rules have contributed to higher property prices and made housing less affordable for first-time buyers. In a sector where affordability gaps are widening, NSW Treasury…
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Union Urges End to Housing Tax Breaks That Fuel Wealth Hoarding in Australia
Overview: A call to end tax breaks that shape Australia’s housing market In a bold bid to address rising inequality and the way housing functions in the Australian economy, the Australian Manufacturing Workers’ Union (AMWU) has urged sweeping reforms to the nation’s housing tax breaks. The union argues that certain concessions have effectively commodified property,…
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Reeves’s UK property tax changes could reshape the housing market: what to expect
Overview: What Reeves is considering With the Labour leadership’s focus on reforming property taxation, the prospect of changes to capital gains tax (CGT) and related policies has sparked wide debate. The central idea under consideration is to broaden CGT to cover main residences, a move that would represent a major shift from current practice. If…
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Reeves’s UK property tax changes could reshape the housing market
Introduction: What’s at stake for UK housing? With the political spotlight on housing policy, Deputy Prime Minister and former chancellor candidate Rachel Reeves has signaled a potential reshaping of UK property taxes. Among the proposals circulating in policy circles is the expansion of capital gains tax (CGT) to apply to main residences, along with other…
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How Reeves’s UK property tax changes could reshape the housing market
What the reforms could look like Prime Minister Reeves has signalled a shift in how property is taxed, with several ideas under consideration aimed at addressing wealth inequality, housing supply, and tax efficiency. The most talked-about proposal is to expand capital gains tax (CGT) to apply to gains on main residences, alongside reforms to how…
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Coalition Holds Power, Labour Gains Ground After Capital Gains Tax Announcement
New Zealand voters weigh the twists in a shifting political landscape A fresh Curia-Taxpayers Union poll suggests that the coalition remains in the driver’s seat to form the next government, but Labour is catching up after releasing its capital gains tax proposal. The poll, conducted over several days and drawing a representative cross-section of voters,…
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Coalition Holds Power as Labour Gains After Tax Plan
Poll signals a steady path for the coalition as Labour gains with a capital gains tax plan A new Curia-Taxpayers Union poll suggests the governing coalition may retain power in the next election, even as Labour edges higher in the polls after unveiling its capital gains tax plan. The numbers point to a nuanced political…
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Coalition Holds Power as Labour Gains Ground After Capital Gains Tax Move
Introduction: A Narrow Lead for the Coalition A new Curia-Taxpayers Union poll suggests the governing coalition remains in the driving seat, but Labour has nudged ahead slightly in the wake of its capital gains tax policy announcement. The survey offers a snapshot of how tax policy rhetoric is shaping voter perceptions ahead of the next…