Greens Layout Minority Government Terms: Sweeping Change to Capital Gains and Negative Gearing

The party demands reforming negative gearing and capital gains tax discounts to help first home buyers and renters, while shielding ’mum and dad' investors.

A general view of housing in the suburb of North Sydney facing towards the central business district (CBD) in Sydney, Australia, on June 28, 2024. Lisa Maree Williams/Getty Images

The Greens are demanding sweeping reforms to negative gearing and the capital gains tax (CGT) discount as a top priority in minority government talks.

They argue the tax changes will bring relief to renters, open doors for first home buyers, and soften the blow of global tariff upheaval.