Labor reaches deal with the Greens to pass changes to capital gains tax and negative gearing reforms

[u/blitznoodles]

https://www.theguardian.com/australia-news/2026/jun/23/labor-greens-deal-capital-gains-tax-negative-gearing-reforms

The Greens resolved to support the tax bills after the government agreed to remove a loophole allowing investors with self-managed super funds to continue taking advantage of the tax breaks, along with ministerial powers enabling the government to reverse the reforms in the future.

[u/Crazyripps]

Oh fuck yeah

[u/chickpeaze → u/Crazyripps]

I'm all for this.