Live: Budget's negative gearing, CGT legislation to be introduced to parliament
The federal government is set to introduce legislation aimed at overhauling negative gearing and capital gains tax in parliament today. This move is part of broader efforts to address housing affordability and taxation reform. The government is also exploring innovative construction methods to tackle the ongoing housing crisis.
- ▪The legislation will focus on negative gearing and capital gains tax reforms.
- ▪The government is investing nearly $40 million to promote the use of prefabricated homes.
- ▪Housing Minister Clare O'Neil emphasized the need for innovation in the housing sector.
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liveFederal politics live: Budget's negative gearing, CGT overhauls legislation to be introduced to parliamentBy political reporter Joshua BoscainiTopic:Government and PoliticsThu 28 May 2026 at 7:06amThu 28 May 2026 at 7:06amThu 28 May 2026 at 7:06amSkip to timelineabc.net.au/news/federal-politics-live-blog-budget-cgt-negative-gearing/106730472Link copiedShareShare articleThe federal government will introduce legislation to parliament today to overhaul negative gearing and the capital gains tax.Follow all the updates in our live blog.Submit a comment or question Log in to commentLive updatesCollapse all postsoffSortSort posts Latest Select an optionLatestOldestNew: FiltersChoose what information you see below by using filtersFilter PostsAll4Key Events1Thu 28 May 2026 at 7:15amThu 28 May…
Excerpt limited to ~120 words for fair-use compliance. The full article is at ABC News (Australia).