House debates

Thursday, 16 May 2024

Questions without Notice

Budget

Photo of Max Chandler-MatherMax Chandler-Mather (Griffith, Australian Greens) Share this | Hansard source

My question is to the Prime Minister and concerns the government's capital gains tax discount for landlords. If we take a landlord—let's call him Anthony—he can increase the rent by however much he wants and evict his tenants so he can sell the property for a big profit. When selling the property he gets to keep 50 per cent of a $500,000 profit he makes, completely tax-free, thanks to Labor's handouts to property investors—

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