Australia news live: Angus Taylor dismisses Labor’s ‘half-arsed’ tweaks to CGT reform; boy, 12, dies in Cairns crash in suspected stolen car
Now we see a half-arsed carve-up from this government that is an admission of failure. Well, why not just get rid of the whole thing, scrap it, and start again?
- ▪Now we see a half-arsed carve-up from this government that is an admission of failure.
- ▪Well, why not just get rid of the whole thing, scrap it, and start again?
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| Original publisher | the Guardian |
| Canonical URL | https://www.theguardian.com/australia-news/live/2026/jun/21/australia-news-live-bird-flu-h5n1-wildlife-fuel-excise-iran-hormuz-albanese-bowen-taylor-coalition-one-nation-pauline-hanson-ntwnfb |
| Publication time | Sun, 21 Jun 2026 01:28:39 GMT |
| Retrieval time | 2026-06-21T02:14:00.593Z |
| Last seen | 2026-06-21T02:14:00.593Z |
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| Summary source text | contentText |
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| Cluster | hWg04N9YK_7Y |
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Opening excerpt (first ~120 words) tap to expand
20.31 EDTAngus Taylor dismisses Labor’s ‘half-arsed’ tweaks to CGT reformTom McIlroyThe opposition leader, Angus Taylor, has dismissed the government’s proposed carve outs from changes to capital gains tax, announced in the federal budget.Under the proposed concessions, all of Australia’s 2.7m small businesses will receive exemptions from capital gains tax, with startups and testamentary trusts exempted from the tax reform proposals.The announcement by Anthony Albanese and the treasurer, Jim Chalmers, on Thursday followed weeks of sustained criticism from industry groups and the opposition, who have labelled the move from a flat 50% CGT discount model to an inflation-linked approach as a “tax on growth”.Taylor told Sky the government should scrap the budget reforms and go back to square…
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