The West Australian ·australia ·1 hour ago

Jim Chalmers defends Labor's capital gains tax changes as fairer system

Treasurer Jim Chalmers rejected claims that Labor’s capital gains tax reforms are an 'ambition tax' during an interview on Tuesday. He asserted that the changes aim to correct distortions in the housing market and create a fairer tax system. Chalmers emphasized that some investors would benefit from the new rules, which adjust capital gains tax calculations.

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Summary by OZbrief Editorial · The West Australian · Source

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Published 29 Jun 2026, 21:33 UTC · Updated 29 Jun 2026, 21:40 UTC

Summary by OZbrief Editorial. Original report: The West Australian. Editorial policy · Corrections