Saturday, August 2, 2025
NewsWave
No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
Login
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
Login
No Result
View All Result
Login
NewsWave
No Result
View All Result
Home World Australia

ACTU boss Sally McManus calls for five-year plan to limit negative gearing, CGT concessions to one investment property

2 August 2025
in Australia
0
ACTU boss Sally McManus calls for five-year plan to limit negative gearing, CGT concessions to one investment property
Share on FacebookShare on Twitter
How does this make you feel?



Union boss Sally McManus has called on Labor to limit tax benefits for Australians with multiple investment properties to address intergenerational equity and housing affordability, proposing a five-year plan to restrict negative gearing and capital gains tax to one property. This change could generate $1.5 billion annually and aims to alleviate the housing crisis impacting younger generations, urging Labor to act decisively.

Want More Context? 🔎

🪄 Creating a simple explanation...

Tags: ACTUbosscallsCGTconcessionsfiveyeargearingInvestmentlimitMcManusNegativeplanPoliticspropertySally
Previous Post

Hot dog spill shuts down highway in Pennsylvania commuters’ wurst nightmare

Next Post

Hamas refuses to disarm until Palestinian state established

Related Posts

ASX-listed gold miners arrive at Diggers & Dealers with more than .5b of cash and bullion
Australia

ASX-listed gold miners arrive at Diggers & Dealers with more than $7.5b of cash and bullion

by My News Wave
2 August 2025
0

Local gold miners are gathering in Kalgoorlie for the Diggers & Dealers Mining Forum, buoyed by a record year that saw gold prices surge 38% to $5,120 per ounce, leaving ASX-listed producers with over $7.5 billion in cash and bullion. Discussions will revolve around potential acquisitions, shareholder dividends, and the notable absence of major miners BHP, Rio Tinto, and Fortescue amidst industry consolidation. Want More Context? 🔎

Read more
Lancaster’s Big 5 | The West Australian
Australia

Lancaster’s Big 5 | The West Australian

by My News Wave
2 August 2025
0

Lancaster, the capital of Lancashire, offers rich history and attractions, highlighted by King Charles III's recent visit. Key sites include Lancaster Castle, the Historic Quarter, Lancaster City Museum, scenic waterways, and Williamson Park featuring the Ashton Memorial. Want More Context? 🔎

Read more
Two dead, four trapped in Chile copper mine collapse
Australia

Two dead, four trapped in Chile copper mine collapse

by My News Wave
2 August 2025
0

Chilean copper miner Codelco has discovered the remains of one of five trapped miners at its El Teniente mine, raising the death toll to two following a collapse caused by a 4.2 magnitude earthquake. Rescue efforts are ongoing, with Codelco clearing over 20% of the blocked tunnels, but progress is cautious and slow as investigations into the cause of the accident continue. Want More Context? 🔎

Read more
Rival protests face off outside London migrant hotel
Australia

Rival protests face off outside London migrant hotel

by My News Wave
2 August 2025
0

Anti-immigrant and anti-racism protests erupted outside the Thistle City Barbican Hotel in London, where demonstrators criticized the housing of asylum-seekers, chanting slogans like "Britain is full." The protests, fueled by concerns over safety and organized in part by far-right groups, follow a pattern of recent tensions surrounding immigration, exacerbated by misinformation and fears related to crime. Want More Context? 🔎

Read more
Wild weather to lash east and west coasts
Australia

Wild weather to lash east and west coasts

by My News Wave
2 August 2025
0

Wild weather is impacting Australia, with severe storms and high winds expected in Western Australia, while northern New South Wales faces heavy rain and flooding, leading to power outages for tens of thousands. The NSW State Emergency Service has responded to numerous incidents, warning residents of major flood threats and urging caution near dangerous coastal conditions. Want More Context? 🔎

Read more
Three dead in Ukrainian drone strikes on Russia
Australia

Three dead in Ukrainian drone strikes on Russia

by My News Wave
2 August 2025
0

Ukrainian drone strikes in Russia have resulted in three fatalities and targeted key military and energy sites, including oil refineries and a military airfield. In response, Russian air defenses intercepted numerous drones, while Ukraine's military reported significant attacks on Russian infrastructure following a deadly Russian assault on Kyiv that killed 31 civilians. Want More Context? 🔎

Read more
Please login to join discussion
NewsWave

News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • Entertainment
  • Europe
  • India
  • Middle East
  • New Zealand
  • Sports
  • Technology
  • UK
  • USA
  • World

LATEST NEWS STORIES

  • McCloskeys reclaim AR-15 rifle after yearslong legal battle in St. Louis
  • Rescue crews searching for five trapped Chilean miners find body | World News
  • 2025 IMSA Road America starting lineup: Acura takes third consecutive pole with No. 93 ARX-06
  • About Us
  • Disclaimer
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In