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Labor's CGT challenge deepens as biotech sector raises alarm
Another sector has called for a capital gains tax change carve-out, warning the government that it will face a talent drain without it.
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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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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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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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Scientist behind $2.8b cancer breakthrough says CGT will kill innovation
Andrew Wilks, who won the Prime Minister’s Prize for Innovation in 2024, has warned Labor’s tax changes will drive away scientists developing life-saving drugs.
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Labor's CGT challenge deepens as biotech sector raises alarm
Another sector has called for a capital gains tax change carve-out, warning the government that it will face a talent drain without it.