The House of Representatives introduced new bills concerning changes to capital gains tax policy.
1 report, 1 independent
Updated May 28
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What happened
The House of Representatives introduced new bills concerning changes to capital gains tax policy.
Who's involved
What this event is mainly aboutKeep exploring
Part of
The House of Representatives and Senate introduced a tax reform bill, while the Australian Chamber of Commerce and Industry warned against broad asset class tax changes.Also in this story
- Asset class viability is questioned due to tax changes.
- The Australian Chamber of Commerce and Industry, Business Council of Australia, and Australian Industry Group united to issue a joint statement pressuring the government regarding tax reforms.
- The Australian Chamber of Commerce and Industry argued for maintaining Capital Gains Tax discounts as Labor announced its decision to wind back tax breaks.
- Tax law changes introduced via the One Big Beautiful Bill Act have begun to spur demand within the private aircraft market.