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flag Treasurer Jim Chalmers assures investors reforms won't hurt existing property holders.

flag Australian Treasurer Jim Chalmers has assured existing property investors that proposed changes to capital gains tax and negative gearing will not harm those who already hold assets, as reforms would be grandfathered. flag He downplayed expectations of a significant immediate revenue boost, emphasizing that housing supply is the government's primary focus to help younger Australians enter the market. flag The May 12 budget is also expected to include measures to boost productivity and reduce compliance costs.

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