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‘Don’t expect big changes’: PM dashes hopes for CGT carve-outs
Anthony Albanese says the point is to close loopholes that allow tax to be minimised, not create new ones.
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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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theguardian.com
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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afr.com
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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Top 1pc would pay $400k more tax under Labor’s plan
If Labor’s proposed tax changes had been in place for the past 25 years, top earners would have lost tax breaks worth hundreds of thousands, according to Treasury secretary Jenny…
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‘Don’t expect big changes’: PM dashes hopes for CGT carve-outs
Anthony Albanese says the point is to close loopholes that allow tax to be minimised, not create new ones.
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Modelling shows 90% of young Australians will be better off under Labor’s tax reforms
The $1,000 tax deduction, $250 ‘working Australians tax offset’, and CGT and negative gearing changes will benefit most young people, Treasury secretary says