Politics

Labor Adjusts Tax Policies Amid Budget Backlash

Updated 2026-06-18 02:55 UTC 2 sources Neutral

Australian Prime Minister Anthony Albanese announced generous capital gains tax exemptions for small businesses and testamentary trusts following criticism of Labor’s budget changes.

Coverage timeline — 2 articles

Al Jazeera

Who benefits from Zimbabwe’s lithium boom?

New projects and foreign-backed mines are reshaping Zimbabwe’s lithium sector, with uneven local gains.

2026-06-18 02:26 UTC

The Guardian

Albanese announces ‘generous’ capital gains tax exemptions for small businesses after budget backlash

Startups and testamentary trusts to receive carve outs after criticism of Labor’s CGT changes<a href="https://www.theguardian.com/australia-news/live/2026/jun/18/australia-news-live-non-stop-sydney-london-flights-qantas-one-nation-pauline-hanson-labor-anthony-albanese-economy-cost-

2026-06-18 02:28 UTC