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Alan Kohler says Labor’s tax changes probably won’t lower house prices

  • Written by Michelle Grattan, Professorial Fellow, University of Canberra

Changes to negative gearing and the capital gains tax discount on housing (and probably other assets) are now considered certain in Tuesday’s budget.

We don’t know all the details but the driving idea is to tilt the balance away from investors towards first home buyers.

More broadly, the measures will be part of the budget wider theme of...

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