Tax Tweaks to Calm Housing Debate

The government’s capital gains tax overhaul is getting a major tweak after backlash — raising the small business threshold to $10 million, offering 50% discounts for startups, and exempting testamentary trusts from the “death tax” to quell criticism. While the Greens support some changes, they want bolder housing action. With the Coalition opposed and Parliament’s winter break looming, the PM and Treasurer are racing to pass the bill before the Senate report drops — hoping to calm the storm and keep their housing promise intact. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7f85f763a65bca9f