Jim Chalmers
Opinion
Labor's trust tax could cost more to obey than it raises
Wilson Asset Management estimates $8 billion to $13.3 billion in advice and restructuring costs for family businesses. Coalition opposition threatens passage.
Politics
Baby drought and tripling over-85s define Treasury outlook
Australia's fertility rate will drop to 1.34 children per woman by 2065, while health spending climbs to 6.2 per cent of GDP and budget deficits return.
Property
Property investors face new negative gearing and CGT limits
Treasurer Jim Chalmers kept it brief on Budget night. "We'll limit negative gearing for residential property to new builds from July next year. And we're replacing the 50 per cent capital gains tax discount with inflation-adjusted indexation, to restore the taxation of real gains," Chalmers said.