Labor, Greens cut deal on CGT and negative gearing (opens original article in a new tab)

Labor and Greens reach agreement on tax reforms restricting self-managed super funds from borrowing to purchase housing, while extending inquiry into NDIS changes.

• Labor and Greens agree on CGT and negative gearing changes to prevent SMSFs from borrowing to buy housing
• SMSF borrowing restrictions will apply prospectively with 45-day transition period
• NDIS inquiry extended by eight weeks to August 14 with amendments to limit ministerial powers and protect disabled people