Speculation Labor will roll back the 50 per cent Capital Gains Tax

Posted 2 hours ago by

Sky News Australia

The government is promising that its May 12 budget will be its most important and ambitious. The Prime Minister has signalled his government’s intention to put a special focus on addressing Australia's housing concerns. There is growing speculation Labor will roll back the 50 per cent Capital Gains Tax. In a bid to boost new home builds, the government is also tipped to scrap negative gearing for existing properties.