Treasurer flags 'fairer' budget as business groups criticise tax reforms

Our previous modelling suggests that they will have a contradictory impact."Australian Council of Social Service CEO Cassandra Goldie has welcomed the focus on fairness."I want to, firstly, warmly welcome the government finally moving on those property investor tax breaks Lots of small businesses use trusts, and they will have their incomes hit by this significant impost."CEO of the Australian Industry Group Innes Willox is also concerned about what tax changes mean for business."The tax measures that the budget introduced is now make us the highest country in the world when it comes to capital gains tax, among the highest for income tax and among the highest for corporate taxes