Stop picking winners with capital gains tax
A flat 40 per cent discount on non-property assets is far better for investment, risk-taking and productivity than indexation plus the Innovative Business CGT concession.
afr.com • Primary: Business & Economy • English
Chronological feed of stories from The Australian Financial Review (AFR)
A flat 40 per cent discount on non-property assets is far better for investment, risk-taking and productivity than indexation plus the Innovative Business CGT concession.
The Pittsburgh-headquartered firm has lost 11 per cent of its Australian partners in just 10 months, but its management is vowing growth and lateral hires.
The Italian city’s rodent population has exploded thanks to the success of a new flood defence system that protects the pests rather than washing them away.
The Nvidia CEO’s wife joins a small group of tech titan spouses including MacKenzie Scott and Melinda Gates who have had to grapple with public infidelity.
Sean Kelly, who oversees ties with Australia in the European Parliament, says there is no desire to renegotiate the FTA if the Coalition and the Greens kill the deal.
Salary sacrificing and personal deductions deliver the same tax savings. The right choice comes down to whether you trust yourself not to spend the cash.
Treasury Secretary Scott Bessent confronted Commerce Secretary Howard Lutnick about why the administration had not put restrictions on chip sales to Megaspeed.
Sports
Reducing the university sector’s already eroded autonomy would turn them into government agencies – at the political whim of ministers and their agency chiefs.
Business & Economy
Australia has never become more prosperous by making it harder for Australians to invest in Australian businesses.
Technology
The Nvidia boss has been something of a “Trump-whisperer” on US export controls, advocating to sell chips to China to keep it hooked on the US tech stack.
Indonesian aluminium production will rise six-fold by 2030, but Rio Tinto thinks its Australian smelters will be preferred by carbon-conscious customers.
Reducing the university sector’s already eroded autonomy would turn them into government agencies – at the political whim of ministers and their agency chiefs.