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Labor MPs lobby for urgent capital gains tax changes as Chalmers digs in
A day before Labor puts forward its tax changes in parliament, Chalmers has defended a policy that has opened up a political brawl on wealth creation and economic growth.
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theguardian.com
Albanese forges ahead with CGT and negative gearing plan while flagging possible business carve-outs
Labor’s pre-election promise of a $1,000 standard tax deduction and $250 ‘working Australians tax offset’ will be included in the draft laws
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afr.com
Investors scramble to give government CGT options
Australia’s biggest investment firms are worried the capital gains tax changes will be enshrined in law before they have been given the chance to properly consult.
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abc.net.au
Labor to ignore call for pause on CGT changes
The government is pushing ahead with capital gains tax changes while consulting on limited carve-outs.
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theage.com.au
Albanese plots CGT concessions to avoid angry backlash from small business
Poor explanations of the budget’s tax changes have confused mum and dad traders across Australia, and senior ministers are worried about the political pain the government will…
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Tech chiefs join growing calls for Labor to revisit CGT decision
Canva’s Cliff Obrecht and NextDC’s Craig Scroggie say the changes will kill innovation. Meanwhile, Labor’s CGT backers want fair treatment for real losses.
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CBA’s Matt Comyn calls for rethink on CGT changes
Commonwealth Bank chief executive Matt Comyn has suggested the capital gains tax overhaul should be limited to real estate and not hit productive investments in business.
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Sweeping new trust tax changes are coming
The changes to trusts are a major part of Labor’s latest budget. So how can you expect to be affected, if at all?
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Paul Keating urges Labor to stick with capital gains tax overhaul and avoid exemptions that would hurt economy
Exclusive: Former PM says changes to tax rates are ‘so marginal that no entrepreneurial initiative is likely to be thwarted’
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We tested Labor’s CGT plan by its own goals. Here’s the verdict
The government’s tax overhaul promises to level the playing field between wealth and wages. We ran the numbers to find out who actually wins.
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Labor’s tax rush is all about politics, not economics
Some of the criticisms of Labor’s tax changes are valid, while some claims are wildly exaggerated. The government should take the time to fix its tax package.
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Labor MPs lobby for urgent capital gains tax changes as Chalmers digs in
A day before Labor puts forward its tax changes in parliament, Chalmers has defended a policy that has opened up a political brawl on wealth creation and economic growth.
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Limit CGT changes to housing, says business big and small
Business groups are demanding Labor’s tax changes be limited to homes, but the government is refusing to yield.