ABC News – Australia
·australia
·2 hours ago
CBA boss says reconsider applying CGT change to non passive assets
Commonwealth Bank CEO Matt Comyn said Tuesday the government should limit capital gains tax changes to passive assets like housing, not business investments. He told ABC's 7.30 program that taxing productive capital and risk-taking could discourage enterprise and innovation. Comyn backed the broader tax overhaul to address structural deficits amid rising defense costs and demographic pressures.
Summary by Glance · ABC News – Australia
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