Modelling shows 90% of young Australians will be better off under Labor’s tax reforms - short news
The $1,000 tax deduction, $250 ‘working Australians tax offset’, and CGT and negative gearing changes will most benefit young people, Treasury secretary says
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Ninety per cent of young Australians will be better off under the Albanese government’s tax proposals, the Treasury claims, as Labor moves to pass its reforms into law.
The government introduced the tax changes to parliament on Thursday before a heated..
source: The Guardian - 28.05.2026