Australia’s Largest Bank Predicts Treasurer Jim Chalmers Will Eliminate Negative Gearing

Three men in suits whisper and discuss in a parliamentary chamber, facing a central figure with a balding head on green seating behind them.

Australia’s biggest bank forecasts that Treasurer Jim Chalmers will eliminate negative gearing and reform capital gains tax in the upcoming federal budget.

This prediction is made despite Prime Minister Anthony Albanese’s pre-election assurance of no plans to target property investment.

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