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The Guardian - AU
The Guardian - AU
National
Tony Harper and Imogen Dewey

Afternoon Update: Keating urges Labor to stand firm on CGT; inflation eases to 4.2%; and a dog shoots a woman

Former prime minister Paul Keating
Former prime minister Paul Keating. Photograph: Jono Searle/AAP

Good afternoon.

Paul Keating has urged Labor to stick to its guns on controversial changes to capital gains tax, warning that exempting commercial assets from the changes would further “distort” the economy.

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