ABC News – Top stories ·general ·1 hour ago

Labor's CGT challenge deepens as biotech sector raises alarm

Australia's biotechnology sector warned Thursday that Labor's unresolved capital gains tax changes are deterring world-leading medical talent from joining local companies. CEO Craig Rayner of AI startup Oktopi said two European and US experts rescinded job offers after Labor's CGT announcement.

Summary by Glance · ABC News – Top stories

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