CANBERRA, ACT, Aug. 19 -- The Treasurer of Australia issued the following media release:
The Albanese government has delivered more of our ambitious tax reform agenda with the second tranche of legislation passing the Senate today.
These reforms deliver billions of dollars in support for business to encourage productive investment and sensible risk taking.
This is great news for small businesses across the country and will help drive investment, innovation and resilience across the economy.
This legislation delivers on two more of the government's $3.8billion in new measures that lower taxes for businesses and start‑ups.
The legislation also includes the further implementation details we flagged at the outset of the tax reform pr...