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Australia to propose capital gains tax changes affecting crypto investors: reports
The Australian government is expected to reveal details of the proposed changes to capital gains tax (CGT) discounts on Tuesday, which would likely affect crypto investors, according to local media. The Australian Financial Review reported Sunday that the government is set to offer a one-year grace period before the planned CGT changes take effect. Treasurer Jim Chalmers is scheduled to disclose details of the proposal on Tuesday's budget night. Under the reported plan, the government intends to replace the 50% CGT discount on assets held for more than one year with an inflation-indexed model, effectively increasing ... (full story)
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From @Peston|May 11, 2026|54 commentsI understand Labour MP Catherine West will press ahead with her stalking-horse leadership challenge to the prime minister. She will email all Labour MPs about it later today. Keir Starmer’s closest supporters fear she will get the 81 nominations needed. That would trigger a… ITV journalist Robert Peston reports that British MP Catherine West is preparing to challenge Prime Minister Keir Starmer for leadership of the Labour Party. pic.twitter.com/kCmg7WRniX
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