The CGT ‘backflip’ is more tweak than transformation. Labor hasn’t changed its mind on housing (opens in new tab)

Do the concessions undermine the original objective of helping young Australians buy their own home? NoGet our , or The noise, negative headlines and internet memes that have surrounded Labor’s capital gains tax changes since their budget night unveiling made a backdown feel like an inevitability.It wasn’t a question of if concessions would be offered but rather when and, most importantly, how much they might undermine the original purpose.