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CGT, trust changes for businesses risk Australian prosperity: NAB boss (opens original article in a new tab)

TL;DR

NAB boss warns that proposed changes to capital gains and trust tax settings for businesses could risk Australia's prosperity by hindering its ability to attract risk capital and maintain its global reputation.

  • NAB CEO Andrew Irvine urges government to reconsider proposed changes to capital gains and trust tax settings for businesses
  • Changes could risk Australia's prosperity by affecting its ability to attract risk capital
  • Australia faces global competition to maintain reputation as a top place to live and work

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