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flag Report suggests cutting tax breaks for property investors could save $500M, aid renters, and help first-time buyers.

flag A report by affordable housing group Everybody's Home suggests scaling back tax concessions for property investors, especially on short-term rentals like Airbnb, could save taxpayers over $500 million annually. flag This change could ease pressure on holiday destination renters and support first-time homebuyers. flag Despite support from some parliamentarians, Treasurer Jim Chalmers has not altered his stance on negative gearing and capital gains discounts.

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