The Guardian
Subtopic iconEconomy
Region iconAustralia
Labor’s tax deal with the Greens will close a superannuation ‘loophole’. What is changing and who is affected?

Labor’s tax deal with the Greens will close a superannuation ‘loophole’. What is changing and who is affected?

Self-managed super funds will be barred from borrowing to invest in residential property, in a move welcomed by some economistsGet our , or The government has legislated its changes to capital gains tax and negative gearing, after winning support from the Greens. involved Labor agreeing to close a relatively obscure “loophole” in superannuation legislation that let funds borrow to invest in housing.

5h ago

Read and see assessment