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Australia proposes tax changes to boost revenue and improve housing affordability amid revenue shortfalls.
Treasurer Jim Chalmers has announced proposed tax reforms to boost revenue and improve housing affordability, addressing a shortfall in indirect tax receipts like GST, excise duties, and customs fees despite strong direct tax collections.
The changes aim to support first-time homebuyers and reduce generational wealth gaps, with details pending.
The government continues assessing fiscal performance amid economic uncertainty, prioritizing structural tax adjustments for long-term stability and fairness.
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Australia propone cambios de impuestos para aumentar los ingresos y mejorar la asequibilidad de la vivienda en medio de déficits de ingresos.