Spender rallies business brigade over Chalmers' CGT tweak

Federal MP Tim Spender has marshalled the business community against Treasury Minister Jim Chalmers’ capital gains tax tweak, arguing that the inflation‑adjusted model capped at 30 % is a step too far.

Spender pointed to Israel, one of the few economies that also uses an inflation‑adjusted model capped at 30 %, implying Australia should not follow suit.