Can Jim Chalmers Deliver Serious Tax Reform? Why the 2026 Budget Now Looms as His Best Chance

CGT discount to leave $247 billion hole in budget over next 10 years

The Albanese government is considering changes to the discount on capital gains tax, which is set to cost the budget billions over the next decade.

Deputy PM pressed on mooted change to capital gains tax

Deputy Prime Minister Richard Marles has been questioned about reports the government is eyeing off changes to the capital gains tax discount.

The tax deduction that will cost Australia $250 billion over the next decade (and it’s not negative gearing)

The government is mulling a change to the capital gains tax concession. New analysis shows without change, it will cost the budget $250 billion.