The budget's bombshell 30% tax rate reform explained | Alan Kohler | ABC NEWS
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The federal government faces growing pressure to explain how it will support start-ups and small businesses amid changes to the capital gains discount. As the ABC's Alan Kohler explains, Australians on lower incomes also face tax increases on investments. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-05-24/labor-budget-defence-backlash-capital-gains-housing-wages/106692288 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia
Tags: Australia, abc, abc news, news, capital gains, tax changes, CGT discount, budget tax, investment tax, small business tax, startup investment, lower income, Alan Kohler, federal budget, tax reform explained, investing, ASX
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