Grattan on Friday: Albanese Government Gives Ground on Tax, but How Much Will It Have to Cede on the NDIS?

Albanese government gives ground on tax, but how much will it have to cede on the NDIS?

Prime Minister Anthony Albanese detailed $475 million tax package alterations, writes Michelle Grattan

Grattan on Friday: Albanese government gives ground on tax, but how much will it have to cede on the NDIS?

Only a little more than a year into its second term and with Pauline Hanson turning politics upside down, the Albanese government finds itself in policy quicksand on three core issues: its budget tax reforms, its wrestle to curb the National Disability Insurance Scheme, and the electorally sensitive area of migration. On Thursday the government announced changes worth $475 million over the forward estimates to its tax package, yet to be legislat…

What Albanese, Chalmers’ tax backdown means for you

The Government has revealed a raft of carve-outs and amendments to its capital gains tax and negative gearing changes in a bid to clear the barnacles from the legislation it hopes to push through the Senate.

What Albanese and Chalmers’ tax backdown means for farmers

Australian farmers are breathing a sigh of relief following the Federal Government’s decision to expand access to a key capital gains concession.

Tax change delivers immediate win for thousands of farmers

The National Farmers’ Federation has welcomed the Federal Government’s decision to expand access to a key Capital Gains Tax (CGT) concession, describing it as one of the most consequential wins for the NFF and its members following sustained advocacy on behalf of farmers. The Prime Minister today confirmed the turnover threshold for the small business 50% active asset CGT concession will increase from $2 million to $10 million, bringing the meas…