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

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

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The likely change to the capital gains tax and the 'Ponzi scheme' of housing is an episode from Please Explain by The Age and Sydney Morning Herald.

This episode is 20:32 long.

This episode was published on Apr 21, 2026.

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