News in brief… 23 June 2026

Senate committee publishes inquiry report on CGT, negative gearing, income tax adjustments bill; Reduction to fuel excise, Heavy Vehicle Road User Charge extended for another month; ATO update: Wait till ‘pre-fill’ information is available before lodging tax return

Senate committee publishes inquiry report on CGT, negative gearing, income tax adjustments bill The Senate Economics Legislation Committee has released its report on its inquiry into the two bills that seek to amend the capital gains tax (CGT) discount, restrict negative gearing in housing to new builds, and introduce a working Australians tax offset and a $1,000 standard deduction for work-related expenses for individuals. In its report on the Treasury Laws Amendment (Tax Reform No. 1) Bil...

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Published Date: 23 June 2026