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Government Another Step Closer to Delivering Tax Reforms

The package changes negative gearing and capital gains tax, with Treasury saying the reforms could reshape housing incentives and leave clear losers.

Summary by pm.gov.au
The Albanese Government is another step closer to delivering its tax reforms for workers, home buyers, and businesses. These reforms will make it easier for Australians to buy their first home, cut taxes for over 13 million workers, and better align the tax treatment of labour and asset income.Today the Greens have confirmed they will support passage of the first tranche of tax reform legislation.It is now a question for the rest of the Parliame…
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pm.gov.au broke the news on Tuesday, June 23, 2026.
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