Senate debates

Monday, 22 June 2026

Questions without Notice

Budget

2:02 pm

Photo of Jane HumeJane Hume (Victoria, Liberal Party, Shadow Minister for Employment and Industrial Relations) | Hansard source

Clearly, there's no answer for the cafe. What about other businesses? Under the Prime Minister's new policy of classifying small businesses as innovative to receive favourable capital gains tax treatment, what, for instance, would a hairdresser need to do to be classified as innovative? Is there a way for an innovative hairdresser to claim the capital gains tax discount?

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