JESSY WU · LINKEDIN
Albo wants to retire the 50% CGT discount.
Instead he'll introduce inflation-adjusted indexation, plus a 30% minimum tax on realised gains which he says is about fairness.The startup and finance ecosystem have a lot of strong opinions on this.
I'm curating what they're saying about it, technical, funny, even rogue posts. Enjoy.
Coalition vows to axe Labor’s CGT and negative gearing overhaul
Shadow Treasurer Tim Wilson says the Coalition will repeal Labor’s proposed capital gains tax and negative gearing reforms if elected. The post Coalition vows to axe Labor’s CGT and negative gearing overhaul appeared first on SmartCompany.
Read original →“Hypocrisy”: Calls to lift SME concessions to match CGT reform
Capital gains tax will be indexed, but small business concessions have not moved in nearly 20 years, warns a leading accountant. The post “Hypocrisy”: Calls to lift SME concessions to match CGT reform appeared first on SmartCompany.
Read original →In this year’s budget, Chalmers has to keep a lid on spending – or risk stoking inflation
Crafting a federal budget is never easy. Tonight’s budget is harder than most. The government faces irreconcilable pressures: spend more to meet community demands, spend less to keep inflation down. The Reserve Bank is concerned about inflation. Governor Michele Bullock has sign…
Read original →Labor considers startup CGT changes after founder backlash
Labor is considering startup CGT tweaks as founders and investors warn the proposed reforms could accelerate a startup exodus from Australia. The post Labor considers startup CGT changes after founder backlash appeared first on SmartCompany.
Read original →Landlords pay almost $7 billion a year more in tax than home owners, pushing rents higher
In Tuesday’s federal budget, the government is widely expected to bring in changes to how investment properties are taxed, including negative gearing and the capital gains tax discount. Ever since the Albanese government’s re-election, there have been growing calls to tax landlo…
Read original →Coalition vows to repeal Labor’s CGT and negative gearing overhaul
The Coalition says it will repeal Labor’s proposed CGT reforms, which have sparked backlash from startup investors and the property sector.
Read original →A budget with a bundle of reforms in a time of ‘extreme uncertainty’
This year’s budget combines fiscal policy – taxes and spending – with a heavy focus on better regulation. The budget deficit has fallen slightly from the mid-year update in December, to A$31.5 billion, but the budget remains firmly in deficit for the foreseeable future. Tax refo…
Read original →Will this budget really make housing fairer for more Australians? It’s a good start
The 2026 federal budget was delivered after a year of building expectations for bold reform. Part of that buildup was last year’s economic reform roundtable. That highlighted a laundry list of “regulatory hairballs” from the Productivity Commission, as well as opportunities to b…
Read original →Trust tax overhaul could trap businesses with million-dollar restructuring bills
The government says its new 30% minimum tax on discretionary trusts is about fairness, but one expert argues the reforms overlook a major commercial reality. The post Trust tax overhaul could trap businesses with million-dollar restructuring bills appeared first on SmartCompany.
Read original →At a glance: budget 2026
The federal budget takes some big swings, with reforms to capital gains tax and negative gearing. There are also major spends on health, fuel and infrastructure. This has meant some risky moves in the face of global uncertainty, including the ongoing conflict in the Middle East…
Read original →Despite some wins, this budget won’t transform regional Australia
Mao Li/Pexels Since at least the early 1990s, much of regional Australia has felt overlooked by the rest of the country. Our regions have seen themselves as disadvantaged compared to other parts of the nation, ignored when new policies are being developed and unable to access se…
Read original →Government signals rethink on startup CGT rules amid backlash
The news comes amid warnings from founders of a potential mass exodus of startup talent from Australia.
Read original →