The Capital Gains Tax discount is adding fuel to Australia’s housing crisis - and deepening the gender wealth gap. It gives property investors special treatment; exempting them from contributing tax from *50%* of the profit they make selling houses.
It’s an outrageous rule that is publicly subsidising wealthy investors; while contributing to higher house prices and locking many women out of secure and affordable housing.
Right now the Albanese Government is considering changes to this rule. Can you help show the Minister for Women, and your representatives in the Albanese Government that you want to see them deliver meaningful ...
The Capital Gains Tax discount is adding fuel to Australia’s housing crisis - and deepening the gender wealth gap. It gives property investors special treatment; exempting them from contributing tax from *50%* of the profit they make selling houses.
It’s an outrageous rule that is publicly subsidising wealthy investors; while contributing to higher house prices and locking many women out of secure and affordable housing.
Right now the Albanese Government is considering changes to this rule. Can you help show the Minister for Women, and your representatives in the Albanese Government that you want to see them deliver meaningful reform, and stop subsiding property investors?
Use the email tool to let them know:
You want the govt to stop rules that give an unfair advantage to property investors (not just water it down)
You believe giving existing investors an exemption to changes (often called 'grandfathering') would be locking in an unfair advantage and ongoing public subsidy for those who can afford to treat houses as a way to make profit; instead of as a home.