Former Reserve Bank governor Bernie Fraser has told a Senate committee hearing that he would scrap the capital gains tax discount if it were up to him. Fraser expressed concerns that younger Australians are watching the unaffordable housing market with dismay, highlighting the growing inequality in property ownership.
Fraser Calls to Scrap Capital Gains Tax Discount
Former Reserve Bank governor Bernie Fraser has called for the abolition of the capital gains tax discount, warning younger Australians are watching the unaffordable housing market with dismay.