Treasurer Stands by ‘Broad’ CGT Overhaul Amid Calls to Spare Start-Up Businesses

Australian Chamber of Commerce and Industry CEO Andrew McKellar said the capital gains measures should only apply to housing, not businesses.
Treasurer Stands by ‘Broad’ CGT Overhaul Amid Calls to Spare Start-Up Businesses
Treasurer Jim Chalmers speaks during Question Time at Parliament House in Canberra, Australia, on May 13, 2026. Hilary Wardhaugh/Getty Images
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Treasurer Jim Chalmers says changes to capital gains tax need to remain broad enough to ensure one issue with the housing market isn’t replaced with another.

The federal government will introduce its changes to the taxes to parliament on Thursday.