Jun 15, 2026 – 12.48pmFormer Productivity Commission chair Michael Brennan has backed the government’s proposal to shift to an inflation-indexation mechanism when taxing capital gains.But Brennan, now the chief executive of the e61 Institute, said the government’s bill was not perfect and could be improved by scrapping the 30 per cent minimum tax rate, allowing deductibility of real losses and introducing income averaging.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Former productivity boss suggests tweaks to Labor’s tax bill
The government is proposing to dump the 50 per cent CGT discount in favour of the pre-1999 inflation indexation system.
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