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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.
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theage.com.au
Businesses warn of unpredictable tax system as CGT backlash continues
Australia’s biggest business groups warn of an increasingly unpredictable tax system as the backlash against the capital gains tax overhaul continues.
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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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Albanese admits tax changes may hit businesses beyond tech
As Labor MPs grumbled about the messy public messaging after this month’s budget, tempers flared and Anthony Albanese warned Angus Taylor over his leadership prospects.
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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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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 boss says reconsider applying CGT change to non-passive assets
The Commonwealth Bank boss speaks out about the government's tax changes.
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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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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 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.