Shops & Stores

Labor will raise taxes on investment properties and some trust funds, giving the revenue back to workers with a new $250 tax break under reforms it says will "rebalance" the Australian tax system.

One of the more striking elements from the now well entrenched program of pre-budget leaks is the lack of outrage from the population or even the opposition.

Investors in stocks will be affected by changes to capital gains tax, but experts say the budget is still likely to see some investment move away from property and into shares.