Treasurer Stands by Broad CGT Overhaul Amid Calls to Spare Start-Up Businesses

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Australia NewsAustralian Chamber of Commerce and Industry CEO Andrew McKellar said the capital gains measures should only apply to housing, not businesses.Mark Us Preferred on GoogleTreasurer Jim Chalmers speaks during Question Time at Parliament House in Canberra, Australia, on May 13, 2026. Hilary Wardhaugh/Getty ImagesAAP5/27/2026|Updated: 5/27/20260:00Treasurer Jim Chalmers says changes to capital gains tax need to remain broad enough to ensure one issue with the housing market isn’t replaced with another.The federal government will introduce its changes to the taxes to parliament on Thursday.

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