Australian Labor Party Plans Capital Gains Tax Changes
The Australian Labor Party is reportedly planning changes to capital gains tax (CGT). The timing of these changes is considered strategic, occurring long after the last election. This move is seen as a way to avoid criticism about a lack of electoral mandate.
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Sources · 7 independent
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“So, I'm thinking Labor might've have picked a very canny time for their big CGT changes. It's long enough after an election that the "you don't have a mandate" line doesn't really work.”
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