Do-Nothing Malcolm backs himself into CGT corner

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By Leith van Onselen

After an action packed day of speculation over whether the Coalition would reform the capital gains tax (CGT) discount, Prime Minister Malcolm Turnbull finally gave his strongest indication that the Government would not pursue reform.

The Guardian’s Australian Politics blog chronicled the shenanigans, which are presented below:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.