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Limiting capital gains tax changes to new investments would ‘severely delay’ budget reforms, Deloitte says

https://www.theguardian.com/profile/patrick-commins· ·3 min read · 0 reactions · 0 comments · 2 views
Limiting capital gains tax changes to new investments would ‘severely delay’ budget reforms, Deloitte says

Treasurer Jim Chalmers had indicated ‘transitional’ proposed changes as Labor attempts to repair a ‘structurally flawed’ budget Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Only applying changes to the CGT discount and negative gearing rules to new investments would “severely delay” desperately needed reforms required to repair a “structurally flawed” budget and boost the economy, Deloitte says. The consulting firm estimated

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the Guardian · https://www.theguardian.com/profile/patrick-commins
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The treasurer, Jim Chalmers, has warned that proposed changes to investor tax breaks will not generate ‘a huge amount of revenue’ over the coming few years. Photograph: Darren England/AAPView image in fullscreenThe treasurer, Jim Chalmers, has warned that proposed changes to investor tax breaks will not generate ‘a huge amount of revenue’ over the coming few years. Photograph: Darren England/AAPAustralia newsLimiting capital gains tax changes to new investments would ‘severely delay’ budget reforms, Deloitte saysTreasurer Jim Chalmers had indicated ‘transitional’ proposed changes as Labor attempts to repair a ‘structurally flawed’ budget Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast Patrick ComminsThu 30 Apr 2026 08.30…

Excerpt limited to ~120 words for fair-use compliance. The full article is at the Guardian.

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