Treasurer Jim Chalmers is considering options to apply older capital gains tax (CGT) treatment to start-ups, according to reporting from multiple outlets. The discussion is framed around improving incentives for new businesses.
At the same time, Labor MPs in key inner-city marginal electorates argue that the government’s tax overhaul is resonating with voters. They say younger voters are responding positively, both in person and through broader community engagement, and that the government is receiving credit for aspects of the budget during election-style events. MPs also point to “less-competitive auctions” as a context in which voters may be more likely to notice or attribute changes to government policy.
The three reports converge on these themes: Chalmers’ interest in using existing (older) CGT approaches for start-ups, and Labor’s assessment of how budget measures are landing in marginal seats—particularly with younger voters—though the outlets focus on different elements of the political narrative rather than providing detailed policy specifications.
