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‘In jeopardy’: Small businesses hit back at Labor’s budget


As the Albanese government introduces its budget legislation to parliament, small businesses are urging the treasurer to rethink the changes to capital gains tax and negative gearing.

Sky News spoke with several small business operators who say the changes will discourage investment and penalise ambition.

Minocco Concepts client Calvin Kwok warns that businesses and livelihoods are now “in jeopardy” because of the government’s tax changes.


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