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

Prime Minister Anthony Albanese announced new concessions to the capital gains tax on June 18, 2026, in response to widespread backlash. The changes, expected to cost the government $475 million over four years, aim to protect small businesses and stimulate innovation. However, critics argue the adjustments may not fully address the budget's negative impact on investors.

Summary by OZbrief · The Age