In the Budget handed down last week, the Government proposed a range of tax changes starting from 1 July 2027.

These measures were broadly justified on the grounds of rebalancing the tax treatment of income made from work and income made from owning assets.

The Government argues that these changes will support intergenerational equity, including by reducing property investment incentives, and ensure that our budget remains sustainable as our population naturally ages – currently, taxes on income account for around 50% of Australia's total revenue. These measures will need to be passed by parliament.

I want to hear your views.