The federal government has backed down on its budget tax changes, announcing larger concessions for small business and carve outs for startups.
Chief Executive of the Australian Chamber of Commerce and Industry, Andrew McKellar told David Speers the reforms resemble a “freak show”.
00:00 Welcome
01:20 Andrew McKellar from ACCI says the federal budget was detrimental to small business
02:30 Will small business be better off after the government's recent changes?
04:25 McKellar accuses the government of playing with statistics when it says 98% of small business will be better off.
05:35 McKellar says the tax changes are a 'dead weight' on ambition and incentive in the economy
08:00 Will the government have to back down on trusts later this year?
09:30 McKellar says the government's tax plans are a 'freak show'
11:15 One Nation says workers are too lazy, McKellar says that's not how ACCI feels, but criticises governmental red tape that makes operation hard for business.
13:50 McKellar supports the Paris climate agreement framework, and the government's net zero target, while being open to a change of policies
15:10 Goodbye
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https://www.abc.net.au/news/2026-06-19/labor-tax-overhaul-looks-like-too-much-plastic-surgery-acci-ceo/106817070
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