A 'vibe check' on capital gains tax

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A 'vibe check' on capital gains tax

Politics Now

The fight over Labor’s proposed capital gains tax changes isn’t brewing - it’s already here. Small business owners, founders and investors are piling pressure on the government, with backlash erupting across talkback radio and social media. Critics say the changes punish aspiration, investment and growth. As Labor tries to sell the reforms, business groups warn Australia risks becoming a less attractive place to build and scale companies. Meanwhile, viral memes portraying Anthony Albanese as an accidental “co-owner” of small businesses are spreading fast online. So will Labor hold the line, or soften the changes as pressure mounts? And later - why the government is delaying aged care price caps, and what new budget measures could mean for older Australians. Patricia Karvelas and Raf Epstein break it all down on Politics Now. Got a burning question? Got a burning political query? Send a short voice recording to PK and Fran for Question Time at thepartyroom@abc.net.au