CGT carveout; Canva's AI squeeze.

Labor revealed its long-awaited CGT carve-outs for startups and small businesses minutes before Capital Brief went live with this conversation. Meanwhile, complexities arise around Canva's path to IPO as its first investor puts forward the bear case.We discuss:The nuts and bolts of the CGT carve-out announcement.What the Innovative Business CGT Concession will mean for startups, VCs and ESOP holders.The challenges yet to be resolved, including defining what a startup actually is.How the startup sector grew up in public through this fight, and what it means for its relationship with CanberraAlbanese's pivot to talking about One Nation Bill Tai's leaked comments on Canva's IPO challenges and the bear case for Australia's beloved design giant.Canva's awkward transition from SaaS darling to AI company.On The Call is a weekly live conversation with the Capital Brief newsroom on the stories driving the agenda in Australia's centres of power.Host Harshdeep Kaur sits down with Capital Brief's best journalists to dissect what we're watching and why it matters, and answer questions from our subscribers live.Subscribe to join our weekly live discussion on Thursdays at 12pm AEST: https://www.capitalbrief.com/on-the-call/Sign up to our free weekly newsletter, The Edition: https://www.capitalbrief.com/newsletters/the-edition/