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Less than 40 per cent of capital gains earned by individuals come from property, undermining the Albanese government’s claim that increasing the tax for all assets will help young home buyers, as investors urge Labor to restrict the changes to returns from housing.

A bit over 60 per cent of capital gains for individuals come from ASX-listed shares, managed funds, trusts and other assets such as collectables, according to an analysis of Australian Taxation Office statistics by AFR Weekend.

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