Australian workers have been hard done by and tax reforms in the budget only begin to return some fairness (opens in new tab)
The CGT discount not only increased the benefit to non-wage earners, it did so in a way that incentivised investing in rental properties rather than sharesGet our breaking news email, free app or daily news podcastWages are growing at a much slower pace than inflation, according to the latest data. This fits the story of the budget: that those earning a living off wages have been left behind by those who make their money through investments and tax minimisation schemes such as discretionary t...
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