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Australian Housing Minister addresses tax reform impact on property prices
MULTIPLE REPORTS·Published ·Main source · ABC News Aus
Story essentials
Clare O'Neil (Housing Minister)
Australia
Original reports
Housing Minister Clare O'Neil stated that proposed tax changes will have only a mild impact on house prices.
Treasury forecasts a 2% slowdown in price growth, while the government aims to shift 75,000 homes to owner-occupiers.
Business groups have expressed concerns regarding capital gains tax reforms for small businesses.
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