Labor raises small business capital gains tax threshold to $10 million
Labor's latest concessions on capital gains tax unveiled by Prime Minister Anthony Albanese and Treasurer Jim Chalmers will increase the small business threshold from $2 million to $10 million. While some changes aim to address criticisms, opposition leader Angus Taylor dismissed them as ineffective, calling for a complete repeal.
Summary by OZbrief Editorial · The Guardian Australia · Source
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Published 18 Jun 2026, 15:00 UTC · Updated 18 Jun 2026, 15:20 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia. Editorial policy · Corrections
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