September 12, 2026 — 4:25am

Save

You have reached your maximum number of saved items.

Remove items from your saved list to add more.

A A A

Treasurer Jim Chalmers has made another tweak to fix the fallout from Labor’s budget tax rises, but a leading business group says the revised reforms remains harmful and sap confidence across the economy.

The government moved on Friday to address concerns from a range of influential businesspeople and some Labor figures that Labor’s new inflation-adjusted model for taxing capital gains could hurt fast-growing new businesses and worsen Australia’s productivity and investment.

Under the changes, companies…

Read the full article at SMH.COM.AU