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0 mentions · last seen 6/5/2026

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Australia's 2026 Budget locks in $20K write-off, hits Temu and Shein with safety rules

Chalmers makes the $20,000 instant asset write-off permanent and revives loss carry-back, easing cashflow for SME retailers. New product-safety obligations target offshore marketplaces Temu and Shein. The 50% CGT discount is replaced by a 30% minimum capital gains tax from 1 July 2027.

Inside Retail Australia · 5/15/2026, 2:12:48 AM