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PM announces $475m backdown on CGT and trusts

Labor has granted tax concessions to small businesses, start-ups and testamentary trusts, in a partial surrender following a backlash against its contentious budget tax changes.

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smh.com.au1 mese fa

Albanese winds back tax hikes for small businesses, start-ups, testamentary trusts

Businesses with turnover of up to $10 million will be able to claim 50 per cent off their capital gains tax.

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Timeline cronologica

lunedì 15 giugno 2026·afr.com
Government might fast-track CGT carve-outs as criticism grows
Labor is considering including capital gains tax exemptions in the budget legislation it will ram through the Senate in a bid to shut down political blowback.
giovedì 18 giugno 2026·sbs.com.au
Anthony Albanese announces key exemptions to capital gains tax reform, after pushback
Around 2.7 million small businesses will be offered a carve-out from controversial tax changes.

PM announces $475m backdown on CGT and trusts

Confronto fonti

Albanese winds back tax hikes for small businesses, start-ups, testamentary trusts

Timeline cronologica

Government might fast-track CGT carve-outs as criticism grows

Anthony Albanese announces key exemptions to capital gains tax reform, after pushback

Albanese announces ‘generous’ capital gains tax exemptions for small businesses after budget backlash

Anthony Albanese announces key exemptions to capital gains tax reform, after pushback

Chalmers winds back ministerial powers in bid to clear CGT Senate hurdle

Government might fast-track CGT carve-outs as criticism grows

Breaking: Albanese, Chalmers unveil capital gains carve-outs for small businesses, startups

Breaking: Albanese, Chalmers unveil capital gains carve-outs for small businesses, startups

PM announces $475m backdown on CGT and trusts

Chalmers winds back ministerial powers in bid to clear CGT Senate hurdle

Albanese winds back tax hikes for small businesses, start-ups, testamentary trusts

Albanese winds back tax hikes for small businesses and trusts

Albanese announces ‘generous’ capital gains tax exemptions for small businesses after budget backlash

No ‘death tax’: Families win reprieve in Labor backflip on trusts

Opposition calls out government's small business carve-outs

Government backpedals on budget. Here’s what the changes mean for you

Afternoon Update: CGT exemptions for small business; ebike thefts soar; and Australia’s top university named