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AAP
AAP
Business
Jacob Shteyman

Gas, property lobbies fire up over proposed tax reform

Bran Black Fatih Birol Larissa Waters Mike Zorbas Australia Business Council
Unions, crossbench MPs and lobby groups want a 25 per cent tax on gas exports. (Joel Carrett/AAP PHOTOS)

Australia's fossil fuel and property industries are gearing up for a fight over tax as the government mulls changes ahead of its May budget.

Treasury is reportedly drawing up changes to make the tax system fairer for younger Australians, including by reducing the capital gains discount for property investors and increasing taxes on gas exporters.

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