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AAP
AAP
Jacob Shteyman

How treasurer could make capital gains taxes 'fairer'

Many argue Australia's capital gains tax discount has jacked up house prices and made inequity worse (Darren England/AAP PHOTOS)

Treasurer Jim Chalmers faces a renewed push to reform capital gains taxes, with pressure mounting from economic think tanks, anti-poverty advocates and even the NSW government to make the system fairer for all Australians.

Critics argue a Howard-era change to the way profits on investments are taxed has turbocharged housing prices and worsened inequity in Australia by increasing the burden on less wealthy individuals.

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