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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 Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news…

1 report1 sourceJun 18, 2026, 3:00 PM
FilterThe Guardian
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The GuardianJun 18, 2026, 3:00 PM

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 Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast 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. Continue reading...

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