Australian Labor MPs Expect Concessions for Startups on CGT Changes

Labor MPs expect eventual concessions for startups after backlash to CGT changes

Several MPs tell Guardian Australia they are keen to see tweaks, and some are engaging directly with treasurer’s office Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast Labor MPs expect the government will agree to capital gains tax concessions for startup businesses after a meme-fuelled backlash to the budget, with some wary that scare campaigns could “get out of hand” without clearer explanation of the changes from Anthony...

By Josh Butler and Krishani Dhanji