Treasurer Jim Chalmers is slated to make a big change to the tax system, with the centrepiece of the May budget a change totaxing capital gains on property.

Will the likely tweaks reduce skyrocketing house prices, or address intergenerational inequality?

Today, senior economics correspondent Shane Wright talks about who this change will cost, who it will benefit, and by how much.

Background reading:
Shane Wright's story, 'CGT like it's 1999.'
The Sydney Morning Herald and The Age's up-to-date political coverage.

Treasurer Jim Chalmers is slated to make a big change to the tax system, with the centrepiece of the May budget a change to taxing capital gains on property.
Will the likely tweaks reduce skyrocketing house prices, or address intergenerational inequality?
Today, senior economics correspondent Shane Wright talks about who this change will cost, who it will benefit, and by how much. Background reading:
<ul>
<li>Shane Wright's story, <a href="https://www.theage.com.au/politics?utm_source=omny&amp;utm_medium=podcast_notes&amp;utm_campaign=the_morning_edition&amp;utm_content=&amp;utm_term=newsroom">'CGT like it's 1999.'</a></li>
<li>The Sydney Morning Herald and The Age's <a href="https://www.theage.com.au/politics?utm_source=omny&amp;utm_medium=podcast_notes&amp;utm_campaign=the_morning_edition&amp;utm_content=&amp;utm_term=newsroom">up-to-date political coverage.</a></li>
</ul>

The Morning Edition (formerly Please Explain) brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition (formerly Please Explain) brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition

The Morning Edition brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The likely change to the capital gains tax and the 'Ponzi scheme' of housing

https://api.omny.fm/orgs/88b564ea-a9a6-4751-910a-a5d800019396/clips/f2b34e62-d098-4191-9ed0-b4330064e1b2/transcript