Review into CGT discount shows the fundamental issue with home affordability is the lack of housing.
A decline in the participation rate is keeping the jobs market tight and contributing to inflation, even though growth in new jobs is not particularly strong.
Record home sales profits are lining the pockets of people in the housing market, while pushing the price of admission beyond the means of ordinary Australians.
Winding back the capital gains tax discount could reduce property prices by about four per cent, compared to what they would be under a no-change scenario.
Almost a quarter of the benefit of the capital gains tax discount goes to just five of Australia's wealthiest electorates, entrenching inequality, critics say.
The latest home loan interest rate hike has applied even more pressure to homeowners and would-be buyers. The goal of getting into the market is even harder now, none more so than in Western Australia.
RBA wants to cool the economy but warns of dangers if they fail to keep inflation in check.
Parliamentary report has found CGT has seen the housing market lean more to investors than owners.
Government needs to put greater time and investment into the affordability of building new homes.
Advocacy group calls on Federal Government to control expenditure to help arrest rising interest rates.
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