The federal budget blowback continues

The backlash to Labor's federal budget — and its capital gains tax changes — have not slowed down since last week's episode. If anything, it has heated up. The startup sector has been particularly vocal, and Labor ministers are feeling the heat. We discuss:Where the loudest opposition is coming from.Why Labor seems to have misjudged what the response was going to be.The consultation process, and why a scattershot approach from the startup community might not pay off.How the Coalition is going in for the attack under Angus Taylor.Why, in the background, biotech and life sciences firms are unhappy about changes to the  refundable R&D tax incentive.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 weekday newsletter, The Edition: ⁠https://www.capitalbrief.com/newsletters/the-edition/