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flag The IMF urges Australia to raise GST, overhaul tax rules, and reform housing policies in its 2026 budget to boost growth and curb debt risks.

flag The IMF is urging Australia’s treasurer to implement major tax reforms in the May 2026 budget, including raising the GST, overhauling capital gains tax, cutting company tax, and ending certain concessions to boost growth and productivity. flag It warns rising state debt poses fiscal risks, could increase federal borrowing costs, and calls for better coordination on infrastructure, phasing out stamp duty via higher GST, and easing housing approvals. flag While experts support CGT changes, critics caution they may hurt first-time buyers. flag The IMF also warns expanded homebuying schemes could fuel housing price pressures.

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