Political parties revealed alternative plans and scrutinized the current model regarding tax changes on investment properties.
3 reports, 3 independent
Updated Aug 4
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What happened
Political parties revealed alternative plans and scrutinized the current model regarding tax changes on investment properties.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Government faces accusations of rushing flawed legislation while amending investment property tax.1 source
New Nation and Labor revealed alternative tax plans for investment properties, focusing on negative gearing.1 source
Politicians criticized a tax overhaul package for lacking consultation on budget changes.1 source
Keep exploring
Part of
The House of Representatives and Senate introduced a tax reform bill, while the Australian Chamber of Commerce and Industry warned against broad asset class tax changes.Also in this story
- Asset class viability is questioned due to tax changes.
- The Australian Chamber of Commerce and Industry, Business Council of Australia, and Australian Industry Group united to issue a joint statement pressuring the government regarding tax reforms.
- The Australian Chamber of Commerce and Industry argued for maintaining Capital Gains Tax discounts as Labor announced its decision to wind back tax breaks.
- Bernie Sanders introduced a wealth tax proposal in the House of Representatives.
The entities involved
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Pauline Hanson
Australian politician (born 1954)
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senate
type of legislative body, often the upper house or chamber of a bicameral legislature