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Breakfast Wrap: Treasurer defends backdown over CGT carve-outs
19/06/2026 | 24 mins.
The federal government has unveiled carve-outs to its proposed capital gains tax changes, following complaints from business groups and start-ups.
A 50% capital gains concession for small businesses will be expanded to all those with a turnover up to 10 million dollars, and there will also be carve outs for startups and discretionary testamentary trusts. So how is the federal Treasurer defending the change?
Recap the morning's news, politics and global affairs with the Breakfast Wrap.
UK by-election could decide fate of PM
18/06/2026 | 6 mins.
Polls have closed in the UK's Makerfield by-election.
The Friday Political Panel
18/06/2026 | 16 mins.
Our Friday political panel discuss the week that was.
Can the Socceroos shock world football again?
18/06/2026 | 6 mins.
The eyes of the footballing world will be on Seattle tomorrow, when the Socceroos take on World Cup co-hosts the United States in their second group stage match.
Bragg: proposed CGT changes a 'sledgehammer' against economy
18/06/2026 | 8 mins.
The government has unveiled further carve-outs to its proposed capital gains tax changes.

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About Radio National Breakfast

Radio National Breakfast is Australia's only daily national radio current affairs program, synonymous with agenda-setting news coverage, breaking news and a place where you will hear the most significant stories impacting the lives of all Australians wherever they live. The full unedited daily program is available on our website at: abc.net.au/listen/programs/radionational-breakfast/

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