The CGT ‘backflip’ is more tweak than transformation. Labor hasn’t changed its mind on housing

Do the concessions undermine the original objective of helping young Australians buy their own home? No

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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.
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