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Wednesday, May 27, 2026
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Article The Guardian World News

Paul Keating urges Labor to stick with capital gains tax overhaul and avoid exemptions that would hurt economy

The Guardian World News May 27, 2026 · 1:40 am Read Original
Strong Bullish 86.7
−100 Bearish 0 +100 Bullish
Paul Keating urges Labor to stick with capital gains tax overhaul and avoid exemptions that would hurt economy

Exclusive: Former PM says changes to tax rates are ‘so marginal that no entrepreneurial initiative is likely to be thwarted’Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastPaul Keating has urged Labor to stick to its guns on controversial changes to capital gains tax, warning that exempting commercial assets from the changes would further “distort” the economy.Small business and the startup sector are fighting the Albanese government over its plans to shift the 50% capital gains tax discount to an inflation-based model, part of a suite of tax reforms announced in this month’s federal budget. Continue reading...

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Article Info
Source The Guardian World News
Published May 27, 2026 · 1:40 am
Article ID me6zsu5
Original URL Open source
Sentiment Signal
Strong Bullish 86.7
−100Neutral+100
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