SMH
·general
·1 hour ago
Chalmers resists Labor pressure to soften capital gains tax changes
Treasurer Jim Chalmers resisted calls Wednesday to limit capital gains tax changes to investment properties, as Labor MPs lobby cabinet for urgent modifications to protect business owners. Sources said the closed-door caucus meeting was notably tense, with MPs pushing for expanded exemptions for small firms or retaining the 50 percent discount for non-property investments.
Summary by Glance · SMH
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