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flag Australia's housing minister承认 youth are shut out of housing, amid push to reform tax breaks and falling approvals.

flag Australia's housing minister, Clare O'Neil, acknowledged young Australians feel increasingly excluded from the housing market, as the Greens push for reforms to tax benefits like the capital gains discount and negative gearing. flag While no immediate changes are planned, O'Neil left the door open to future reforms. flag Official data showed dwelling approvals fell for a second straight month in January, with a 7.2% drop overall and a 25% decline in apartments and townhouses, complicating the government’s goal of building 1.2 million homes in five years. flag The Treasury is reportedly considering reducing the capital gains discount to 33% on investment properties, a move backed by economists and some crossbench MPs, though the government has not confirmed it.

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