Albanese defuses his tax grenades, but does the backflip go far enough?

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

Australia's government fast-tracks capital gains tax carve-outs for early-stage tech startups with zero cost base, easing disproportionate burden from new CGT regime. Exemptions improve valuations and M&A exit paths for founders and VCs during heightened regulatory scrutiny.