Albanese forges ahead with CGT and negative gearing plan while flagging possible business carve-outs

AI Summary

Labor’s pre-election promise of a $1,000 standard tax deduction and $250 ‘working Australians tax offset’ will be included in the draft laws Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast Anthony Albanese will present controversial changes to negative gearing and capital gains tax to parliament on Thursday, pushing for speedy passage of the plans while flagging possible carve-outs for businesses beyond the startup sector. Newsiline summarises this report from The Guardian Australia and links readers to the original publisher for the full story.

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