
Mortgage News
Westpac backs CGT proposal

Thursday 22nd of May 2014
In its latest Economic Overview Westpac economists provide a guide to this year's election for financial markets.
It says Labour and the Greens propose broadening the tax base and introducing a CGT, which would be levied at 15%, payable on realisation, but the family home would be exempt.
Labour also proposes to ring-fence losses for residential landlords, meaning losses can't be...
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