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flag Australia proposes tax changes to boost revenue and improve housing affordability amid revenue shortfalls.

flag 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. flag The changes aim to support first-time homebuyers and reduce generational wealth gaps, with details pending. flag The government continues assessing fiscal performance amid economic uncertainty, prioritizing structural tax adjustments for long-term stability and fairness.

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