The Productivity Commission was not asked to model how changes to capital gains tax would impact Australia's economy. Business groups say Treasurer Jim Chalmers must explain how the government concluded its tax changes would ultimately be a boon to productivity.

Labor MPs are gearing up for a hard sell on the impact of the federal government's tax changes on some small businesses, trusts and shares, despite many reporting "positive"…

Minns’ intervention on the need to let workers keep more of what they earn came on top of his refusal to endorse Chalmers’ changes to the CGT discount.