Capital gains tax


Working paper

Paying back Australia's COVID-19 debt

The COVID-19 pandemic has seen a sudden and steep increase in Australia’s public debt, as in most other countries. This paper investigates and assesses ways in which Australia can bring its debt down to fiscally sustainable levels through the tax and transfer system.

A risky place to do business

In this article, the authors argue that the New Zealand Government's recent housing policies will have substantial undesirable consequences for the New Zealand economy.
Working paper

Incidence of capital income taxation in a lifecycle economy with firm heterogeneity

In the paper, the authors study the incidence of capital income taxation in a dynamic general equilibrium model with heterogeneous firms and lifecycle households.
Working paper

Taxing capital income and the Z-tax solution

This paper looks at issues with conventional approaches to capital income taxation, such as the income tax, the capital gains tax and the cash-flow consumption tax.
Fact sheet

Fact Check: Scott Morrison says police officers who own an investment property have just one. Is he correct?

Scott Morrison lambasted Labor's proposed changes to negative gearing and capital gains tax during a recent appearance on Sydney radio, using police officers as an example of those who may be affected.

New Zealand’s proposed capital gains tax could nudge taxpayers to invest in art instead of property

The key motivation for New Zealand’s Labour-led government in establishing the Tax Working Group was to investigate a fairer tax system. For reasons of simplicity, the TWG proposes broad exclusions from a capital gains tax, including a taxpayer’s primary home and all personal assets such...
Policy report

Myth vs reality: the case against increasing Capital Gains Tax

This paper looks at the evolution of capital gains tax (CGT) to this point, including how past reforms were justified. It then examines whether discounting capital gains or indexing for inflation — or indeed, a combination of the two — is the better model. The...
Fact sheet

Fact Check: Why using taxable income to attack Labor's negative gearing, capital gains and dividend imputation policies is misleading

In the lead up to the 2019 federal election, RMIT ABC Fact Check examines how tax data is being used in the public policy debate.
Fact sheet

Fact Check: Labor's capital gains changes will hurt those on less than $80,000, Josh Frydenberg says. Is that right?

Treasurer Josh Frydenberg says Labor's proposed 50 per cent capital gains tax increase will hit not only the economy but also taxpayers on low-to-middle incomes, and claims that more than 60 per cent of people who declare capital gains have taxable income

Future of tax: final report

Concerns about the structure, fairness and balance of the New Zealand tax system have led to the Tax Working Group recommending the government tax more income from capital gains.

Big target, high stakes

Labor’s economic policies might seem like a life raft to the Coalition, writes Paul Rodan.

Inquiry into the future of the private rental sector

This study focused on the Australian private rental sector including formal rules (policies and regulation); organisations and structures; and informal rules (social norms and practices), and reviewed the sector in ten countries.

The income tax treatment of housing assets: an assessment of proposed reform arrangements

This research models several politically acceptable pathways to reform negative gearing and CGT so as to reduce impacts on less sophisticated property investors. Two reform models— a rental deduction cap of $5,000 and a progressive rental deduction based on income—could lead to savings of over...

The coming boom in inherited wealth

John Quiggin looks at if we will have to learn to live in a patrimonial society?

Capital gains tax discount by electorate

This paper looks at the capital gains tax (CGT) discount by federal electorate to find out which electorates are the biggest winners from the CGT discount and which electorates are getting little benefit.
Journal article

Advancing better tax policy: the role of wealth taxes in New Zealand

This article examines three taxes that have the potential to assist with addressing income inequality: estate taxes, gift taxes, and capital gains taxes. Reports on the historical background of these taxes to investigate why taxes that have the potential to act in a redistributive capacity...

Renewing the tax system

The Greens are the only party that understands that the economy must work for the benefit of society and not the other way around. We have a progressive plan where tax reform starts at the top by removing unfair tax breaks and wasteful subsidies for...

Ending capital gains tax discounts

The Greens plan would phase out the CGT discount by 10% each year from 1 July 2016 until there was no longer any discount from 1 July 2020. The Parliamentary Budget Office costings show this measure, combined with our proposal to phase out negative gearing...

Positive plan on housing affordability - capital gains tax reform

Working and middle class families are increasingly being priced out of the housing market. Ownership rates for young people aged 25-34 have spiralled downwards in recent years from 60% to 48%. Young people are being forced to take on levels of debt unimaginable just a...

Hot property: negative gearing and capital gains tax

Long overdue changes to negative gearing and capital gains tax would save the Commonwealth Government about $5.3 billion a year. SummaryThe interaction of a fifty per cent capital gains tax discount with negative gearing distorts investment decisions, makes housing markets more volatile and reduces home...