CANBERRA, ACT, June 18 -- The Treasurer of Australia issued the following media release:
The Albanese Government is today announcing further implementation details for its tax reform package, following an intensive first round of post‑Budget consultation.
Our tax reforms are all about making it easier for Australians to buy their first home, cutting taxes for workers, and better aligning the tax treatment of labour and asset income, and this is reflected in the core legislation before the Senate.
The details we're announcing today are all about providing more clarity and confidence to investors, more support for small businesses, and more incentives for innovation.
We are announcing further CGT concessions today for small business...