ABC News – Top stories
·general
·1 hour ago
Labor to ignore call for pause on capital gains tax changes
Australia's Labor government will proceed with capital gains tax legislation Thursday despite business calls for a pause. Prime Minister Anthony Albanese said the tax overhaul will link CGT changes with a $250 worker tax offset and negative gearing restrictions. Labor plans Senate passage in June, then revisit implementation details, though sources indicate any carve-outs will remain limited to tech startups.
Summary by Glance · ABC News – Top stories
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