Economists defend Labor's capital gains tax overhaul amid business backlash
Economists defended Labor's proposed capital gains tax overhaul during a Senate inquiry on June 15, 2026, despite notable flaws. Michael Brennan, former Productivity Commission chair, called the inflation-linked discount a principled approach. The proposal sparked significant opposition from business groups which warned it could negatively impact investment.
Summary by OZbrief Editorial · ABC News – Top stories · Source
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Published 15 Jun 2026, 06:55 UTC · Updated 15 Jun 2026, 07:00 UTC
Summary by OZbrief Editorial. Original report: ABC News – Top stories. Editorial policy · Corrections
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