Jim Chalmers’ fifth budget broke election promises, but the government says it simply had to rebalance Australia’s wealth.
Changes to tax settings, including negative gearing and the Capital Gains Tax, will make home ownership more achievable to younger generations but less enticing to investors – while millions of workers will receive additional tax offsets.
We know there was an incredible amount of detail to digest in this year’s budget papers. To help make sense of it all, economics editor Ross Gittins and economics writer Millie Muroi sat down to tackle the burning questions sent in by our readers.
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Millie Muroi is the economics writer at The Sydney Morning Herald and The Age. She was formerly an economics correspondent based in Canberra’s Press Gallery and the banking writer based in Sydney.Connect via X or email.From our partners
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