Tackling Australia's Housing Inequality: Labor Signals CGT Discount Reform

A parliamentary inquiry finds the Howard-era capital gains tax discount is fueling intergenerational inequality in Australia's housing market, prompting Labor to signal reforms in the May budget.
Australia's Labor government is signaling a significant move to reform the capital gains tax (CGT) discount, following the findings of a parliamentary inquiry that reveal how the Howard-era settings have contributed to growing intergenerational inequality in the country's housing market.
The Greens-led inquiry concluded that the 50% CGT discount has


