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Business CGT change | Calls for income tax reform | ASX at 7 week low


Tax experts say recent internet memes trolling the Prime Minister which claim he’ll own 47 per cent of various small businesses oversimplify the government’s budget tax reform proposals; the NSW Premier calls from income tax reform targeting bracket creep; the Australian sharemarket falls to a 7 week low amid fears of rising global interest rates

00:00 Tax experts say Albanese memes oversimplify the government’s budget tax reform proposals
01:42 NSW Premier calls for personal tax reform
03:36 Iran war testing the resilience of global economic growth
05:55 Gas prices in America continue to soar forcing people to think outside the box

Ricardo Gonçalves breaks down the day’s financial news in On The Money.

#TaxReform #Budget #EconomicGrowth #MiddleEast

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