Australia’s upcoming budget will take aim at soaring home prices and seek to make it easier for people to gain a foothold in the housing market, Treasurer
“The housing market is one of the defining anxieties that people have about our economy and about our society,” Chalmers said in an interview in Canberra Sunday, two days before he unveils his annual budget. “It’s very clear to me now - increasingly clear - that the status quo in housing and in the tax system is unfair and unacceptable.”
Jim Chalmers at Parliament House in Canberra on May 10.
Photographer: Hilary Wardhaugh/Bloomberg
The government is mulling changes to long-debated tax concessions ...