What's news to me this morning
Realised tax-free capital gains from house sales hit record high $6.7b in Dec qtr, CoreLogic finds; Total gains since March-June lockdown $16.3b; Total gains since Labour elected $60.8b
TLDR: CoreLogic reported this morning that realised capital gains on house sales, which are not taxed, rose to a record-high $6.7b in the December quarter and have totalled $16.3b since the first lockdown started in March. Total tax-free gains since the 2017 election of Labour, which proposed a capital gains tax excluding the family home up until the la…
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