Labor MPs expect eventual concessions for startups after backlash to CGT changes
Several MPs tell Guardian Australia they are keen to see tweaks, and some are engaging directly with treasurerâs officeGet our breaking news email, free app or daily news podcastLabor MPs expect the government will agree to capital gains tax concessions for startup businesses after a meme-fuelled backlash to the budget, with some wary that scare campaigns could âget out of handâ without clearer explanation of the changes from Anthony Albanese and Jim Chalmers.Guardian Australia spoke to a number of Labor MPs nationwide. Speaking on condition of anonymity, several MPs said they were keen to see change on CGT, with some engaging directly with Chalmersâ office. Continue reading...
theguardian.com