Two men roof a house in Western Australia on April 7, 2026. Susan Mortimer/The Epoch TimesEconomists from Australia’s largest bank say major changes to negative gearing and capital gains tax (CGT) are on the way in the May 12 Federal budget.Chief Economist Luke Yeaman and Economist Harry Ottley of Commonwealth Bank warned Treasurer Jim Chalmers is preparing to fully scrap negative gearing for property investments.
Commonwealth Bank Economists Say Negative Gearing Could Be Scrapped in Federal Budget
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