Australian Treasury Secretary Jenny Wilkinson has defended the Albanese government’s proposed capital gains tax (CGT) reforms, arguing there is little evidence that preferential CGT treatment significantly encourages investment or savings. Speaking at an Australian Business Economists event, Wilkinson pushed back against criticism from business groups and investors who warn the changes could hurt productivity, start-ups and mining investment. The comments come as the government considers possible carve-outs for some sectors while broader debate continues over negative gearing and CGT reform
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Treasury secretary Jenny Wilkinson questions CGT impact on investment
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Australian Treasury Secretary Jenny Wilkinson has defended the Albanese government’s proposed capital gains tax (CGT) reforms, arguing there is little evidence that preferential CGT treatment significantly encourages...
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