Labor Confirms 1 January Start Date for Negative Gearing & CGT Proposal
Labor has announced that it will implement its plan to restrict negative gearing to new investment properties and halve the capital gains tax discount from 1 January 2020. The date, announced by shadow treasurer Chris Bowen, will limit negative gearing to new housing, with all investments made prior to the date to be fully grandfathered. Likewise, the…
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