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Opposition slams Labor over Capital Gains backflip | 9 News Australia
Posted
June 18, 2026
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2:59Now PlayingThe Opposition has slammed the Federal Government's announcement on CGT carve-outs for small business, saying it's an admission Labor got the Budget wrong.
Labor has been consulting with startups and small businesses who argued the original plan would hurt innovation.
The Government will now extend extra CGT discounts to businesses turning over up to $10 million, with further concessions for startup founders still being finalised.
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