Tag: CGT

Greens deal clears path for CGT overhaul

Posted on   |  by Justin Hendry
Controversial changes to the capital gains tax discount are set to pass parliament as soon as Thursday after the Albanese government struck a deal with the Greens in exchange...

CGT carve out tied to long-term innovation

Posted on   |  by Joseph Brookes
Only startups that can satisfy strict innovation criteria will be eligible for a partial carve out from changes to the capital gains tax discount, while 10-year age and $50...

‘Innovative’ startups get carve out from CGT change

Posted on   |  by Joseph Brookes
The Albanese government on Thursday acknowledged the “special case” of low or no cost startups and confirmed they will be spared from some of the controversial changes to the...

Tech groups and investors in the dark on CGT carve out

Posted on   |  by Joseph Brookes
Peak bodies representing private capital, startups and BioTechs on Tuesday said they are not aware when a policy paper outlining a potential innovation carve out from changes to capital...

Calls for startup CGT carve-out get louder in Senate probe

Posted on   |  by David Allen
The Albanese government’s budget changes will put a handbrake on innovation by giving Australia “one of the least competitive capital gains tax rates in the developed world”. ANU economist...

NewsWrap: Our public AI debate is hallucinating

Posted on   |  by James Riley
There are some crazy mixed-up themes coming out of the ever-more-mainstream discussions about artificial intelligence in this country. Take Tuesday. Andrew Charlton delivered a speech to the AFR’s AI...

Jim Chalmers will need convincing on CGT carve-outs

Posted on   |  by James Riley
Treasurer Jim Chalmers says he wants to work with the startup sector to address concerns about changes to the Capital Gains Tax discount. But that doesn’t mean he’s going...

Chalmers works towards CGT fix for startups and VCs

Posted on   |  by James Riley
Startup founders and their venture capital partners will be relieved that the Treasurer has opened the door to carve-outs from his controversial capital gains tax discount changes. But Jim...