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Months out from the May budget and the government hasn't ruled out announcing cuts to the Capital Gains Tax Discount. Labor wants to address the housing crisis and has a Senate Committee looking into the 50 per cent discount that's currently in place. ABC's Chief Business Correspondent Ian Verrender says the Treasurer could be looking at how you reduce intergenerational problems with housing without upsetting investment markets as well. The tax break doesn't just apply to housing, but other assets like shares, held for more than 12 months. Ian Verrender says if implemented, there would likely be higher tax on everything from shares, to stocks, bonds and businesses. "It would have a real impact on superannuation as well," he says. #ABCBusiness Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-02-0... ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation. For more from ABC NEWS, click here: https://ab.co/2kxYCZY Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1 Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2 Like ABC NEWS on Facebook: / abcnews.au Follow ABC NEWS on Instagram: / abcnews_au Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia