Labor is considering changes to the Capital Gains Tax discount, hoping to improve the budget and increase housing supply for first home buyers.

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However, Jason Featherby from Leeuwin Wealth told 6PR Mornings with Simon Beaumont that he is unconvinced the move will be effective:

“There’ll be less turnover in property sales and therefore they may have the adverse consequences of just clogging the market up,” he said.

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