Aussie government defends tax changes amid widespread anger
Shares in Australia's biggest property lender CBA dropped by 10% on Wednesday on fears of the impact on property investment.
Prime Minister Anthony Albanese has defended the changes, saying they will enable 75,000 young Australians to buy homes.
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Major changes to capital gains tax and other asset taxes in this week’s Australian budget have provoked an angry response from some business leaders, opposition politicians and the media.
Mastheads owned by News Corporation went on the attack against Treasurer Jim Chalmers, with a front page
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