Jun 26, 2026 – 5.43pmThe Albanese government faces a fresh fight over its budget with the nation’s peak investment body criticising the proposed capital gains tax carve-outs for start-ups, arguing they are too narrow and too complex and won’t help businesses grow.As Prime Minister Anthony Albanese forecast criticism of the budget would quickly fade following this week’s passage through parliament of the main piece of legislation locking in the CGT and negative gearing changes, the Australian Investment Council took aim at the second wave of legislation.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
CGT carve-outs ‘too narrow and too complex’, say investors
The nation’s peak investment body says the proposed CGT carve-outs won’t help businesses achieve their full potential beyond the start-up stage.
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