Australia's government announced budget changes including windbacking property investor tax concessions and imposing a 30% tax on family trusts, drawing criticism from opposition figures who warn of potential rent increases. The changes represent a notable shift in taxation policy despite being grandfathered for existing investors.
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Australia's government announced budget changes including windbacking property investor tax concessions and imposing a 30% tax on family trusts, drawing criticism from opposition figures who warn of potential rent increases. The changes represent a notable shift in taxation policy despite being grandfathered for existing investors.