Federal Budget: First-home buyers given the cold shoulder

  • Homeowners and investors have avoided scrutiny in the Federal Budget, with tax changes for homes given a wide berth.

While superannuation cuts targeting high-income earners and small personal income cuts are on the cards, negative gearing and capital gains tax will not be touched by the government, Treasurer Scott Morrison confirmed in his Budget speech on Tuesday evening.

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Treasurer Scott Morrison confirmed he was ruling out any changes to negative gearing and capital gains tax. Photo: Michele Mossop

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