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Union Pushes for Single Property Limit on Negative Gearing
The Australian Council of Trade Unions is advocating for significant changes to negative gearing and capital gains tax regulations. Their proposal suggests limiting tax breaks to a single investment property, phased in over five years. This move aims to address housing affordability concerns for younger Australians, a challenge the union believes is worsening.
Source: www.abc.net.au
Published: Sunday 03 August 2025 | Fresh Articles: 8 | Sections: 2 | RunID: 2025-08-03T13:58:12+00:00
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