Former productivity boss suggests tweaks to Labor’s tax bill (opens original article in a new tab)

Former productivity boss Michael Brennan supports the government's capital gains tax reform but suggests several improvements including removing the 30% minimum tax rate and allowing real loss deductions.

• Former Productivity Commission chair Michael Brennan supports the government's inflation-indexation mechanism for capital gains tax
• Brennan suggests scrapping the 30% minimum tax rate and allowing deductibility of real losses
• Brennan recommends introducing income averaging to improve the tax bill