Could CGT changes unlock the housing market?

The housing market is in a state of paralysis. Renters can’t find accommodation yet investors are moving their money out. There must be a way to revive the market for all concerned. In today’s show we examine a simple change to Capital Gains Tax that could breathe new life into this moribund market. Better still, such a tax change would not require cross-border agreement from the states and there is already a precedent tax rule in place since the days of the Howard government. In this episode we cover; expanding the CGT discount for long term investors, applying the small business retirement exemption rules to property owners and whether you should buy in a city you don’t know.  Stuart Wemyss of ProSolution joins Wealth Editor James Kirby in the episode See omnystudio.com/listener for privacy information.