Powered by

CGT discount is 'no longer appropriate'

Mar 10, 2017 - Australian Financial Review

The federal government should scrap the capital gains tax discount and revert to indexation, says former Colonial First State chief executive Chris Cuffe and now chairman of the $55 billion superannuation fund Unisuper.

There has been speculation that the Turnbull government will curb the 50 per cent CGT discount in the upcoming budget as part of a housing affordability package.

Many experts argue it is the interaction between the CGT discount and negative gearing that encourages and

Sign up for unrestricted access to 200+ subscription services.
Already have an account? Click here to login.

RelSci News & Alerts gets you:

  • 5 free articles a month from top subscription outlets like the Financial Times, New York Times, and Washington Post
  • Competitive business intelligence through daily data updates
  • Custom feeds on target high-value individuals, companies, industries, and topics delivered straight to your inbox