Brisbane Times
·australia
·2 hours ago
Albanese defuses his tax grenades, but does the backflip go far enough?
On June 18, 2026, Prime Minister Anthony Albanese announced new carve-outs to the capital gains tax, which will cost the government $475 million over four years. The changes aim to alleviate pressure on small businesses and improve conditions for start-ups. Critics remain skeptical about whether these adjustments will fully address the backlash against the tax policy.
Summary by OZbrief · Brisbane Times
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