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The Canberra Times
The Canberra Times
Dana Daniel

PM caves to pressure on controversial tax changes. Here's what it will mean for you

Anthony Albanese Jim Chalmers

Prime Minister Anthony Albanese and Treasurer Jim Chalmers have just announced they will change course on the controversial capital gains tax changes in last month's federal budget.

Significant carve-outs are now on the table after a considerable backlash to the plan to abolish the 50 per cent capital gains tax discount.

Here's what it means for small business owners in Canberra and across the nation.

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