Tie property tax changes to income tax cuts, productivity chief says
Productivity Commission chair Danielle Wood says there is a "case" for property tax changes, but for it to be serious reform, the economic benefit must flow to workers.
Opening excerpt (first ~120 words) tap to expand
Tie property tax changes to income tax cuts, productivity chief saysExclusive by chief digital political correspondent Clare ArmstrongTopic:Economy12m ago12 minutes agoFri 1 May 2026 at 12:52pmLabor is being urged to link any capital gains tax or negative gearing changes to future income tax cuts. (ABC News: Ian Cutmore)In short:Labor is being urged to link any capital gains tax or negative gearing changes to future income tax cuts.Productivity Commission chair Danielle Wood says there is a "case" for the property tax changes, but for it to be serious reform, the economic benefit must flow to workers.What's next?The federal government is due to hand down the budget on May 12, and has already flagged tens of billions of dollars in extra spending due to inflation and other "unavoidable"…
Excerpt limited to ~120 words for fair-use compliance. The full article is at ABC News (Australia).