Tax is a great motivator but will Labor's changes fix Australia's housing mess?
The Albanese government and the opposition are proposing changes to Australia's tax system, particularly regarding the Capital Gains Tax (CGT). Labor aims to adjust the CGT for inflation, while the Coalition seeks to reinstate income tax indexation. These changes come amid concerns over rising housing prices and the effectiveness of current housing policies.
- ▪Labor plans to return capital gains tax to the pre-1999 system of adjusting for inflation.
- ▪The Coalition wants to return to the system of adjusting income tax scales for inflation that was reversed in 1982.
- ▪Economists predict potential price falls in housing due to measures aimed at reducing intergenerational housing inequality.
2 outlets in our directory ran this story, first to last over 14 hours. All of the coverage we found sits in one bucket: centre. That one-sidedness is itself worth noticing.
- ▪ Australia defends property tax changes designed to fix ‘broken’ housing — Investing.com — News
ABC News (Australia) publishes from Australia and files mainly under world. We currently carry 1,394 of its stories.
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| Original publisher | ABC News (Australia) |
| Canonical URL | https://www.abc.net.au/news/2026-05-18/nostalgia-for-past-tax-system-from-labor-and-coalition/106689472 |
| Publication time | Sun, 17 May 2026 18:58:06 +0000 |
| Retrieval time | 2026-05-17T19:18:20.854Z |
| Last seen | 2026-05-17T19:18:20.854Z |
| Headline source | Publisher (no WeSearch rewrite) |
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| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
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| Cluster | XB_iwdUCkHpH · 2 stories |
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| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
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Opening excerpt (first ~120 words) tap to expand
analysisAlbanese and Taylor both looking to history for future of Australia's tax systemBy Alan KohlerTopic:TaxMon 18 May 2026 at 4:58amMon 18 May 2026 at 4:58amMon 18 May 2026 at 4:58amAnthony Albanese and Jim Chalmers are looking to reverse the Capital Gains Tax discount introduced by the Howard government in 1999. (ABC News: Matt Roberts)abc.net.au/news/nostalgia-for-past-tax-system-from-labor-and-coalition/106689472Link copiedShareShare articleBoth the Albanese government and the opposition want to turn back the clock on the Australian tax system.Labor plans to return capital gains tax to the pre-1999 system of adjusting for inflation instead of simply halving it, and the Coalition wants to return to the system of adjusting income tax scales for inflation that it introduced in 1976…
Excerpt limited to ~120 words for fair-use compliance. The full article is at ABC News (Australia).