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AAP
AAP
Politics
Zac de Silva and Jacob Shteyman

Investment overhaul to pass despite 'taxmaxxing' claims

The government is closing a loophole which lets people buy houses through self-managed super funds. (Mick Tsikas/AAP PHOTOS)

A tax hike on investments is expected to become law, after Labor and the Greens struck a deal to close a loophole for self-managed super funds and delay planned cuts to the National Disability Insurance Scheme.

The agreement, reached on Tuesday morning, means the federal government's plans to wind back negative gearing and the capital gains tax discount will pass parliament by Thursday.

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