John Kehoe

Heavyweights back the budget's tax overhaul, but demand Chalmers use the extra revenue to slash the “confiscatory” 47 per cent top marginal income tax rate.

Federal government minister and former entrepreneur Andrew Charlton says trusts are a legitimate tool used by many small businesses and families

Opinion

Former Liberal treasurer Peter Costello has warned the Albanese government is imposing among the highest taxes on investment in the developed

Canva’s Cliff Obrecht and NextDC’s Craig Scroggie say the changes will kill innovation. Meanwhile, Labor’s CGT backers want fair treatment for real losses.

Commonwealth Bank of Australia chief executive Matt Comyn has suggested the Albanese government's capital gains tax overhaul should be limited to real estate and not hit productive investments in business.

Opinion Some of the criticisms of Labor's tax changes are valid, while some claims are wildly exaggerated. The government should take the time to fix its tax package.

The top 1 per cent of income earners would have paid $400,000 extra tax over their lifetimes if the Albanese government's proposed tax changes had been in place for the past 25 years, Treasury secretary Jenny Wilkinson says.

Anthony Albanese has dashed expectations of significant carve-outs for business from the new capital gains tax regime, saying the current system

Treasury has been accused of being selective and misleading in using the Paris-based organisation’s research to justify Labor’s capital gains tax policy.