Minister for Financial Services Daniel Mulino has defended sweeping changes to negative gearing and capital gains tax across all asset classes, contained in this week's federal budget, arguing they will end market distortions that have persisted since the current arrangements were introduced more than 25 years ago.
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
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