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AAP
AAP
Politics
Zac de Silva and Andrew Brown

'Out of touch': businesses blast ex-PM's budget backing

Paul Keating Jim Chalmers capital gains Bridget McKenzie John Howard Mick Tsikas Murray Watt
Paul Keating calls the campaign against capital gains tax changes "howls for continuing preference". (Sitthixay Ditthavong/AAP PHOTOS)

Former prime minister Paul Keating is facing criticism from female business founders, who claim his support for a controversial tax overhaul is "dismissive and out of touch".

The federal government is coming under sustained pressure from startups and small businesses over its decision to remove the 50 per cent discount on capital gains tax and replace it with an inflation-adjusted scheme.

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