Nassim Khadem

So there's now some discussion that the government might increase that threshold of exempt small businesses from $10 million for turnover and

and at least $12 million for net assets.

Now, this is all speculation, but it's possible they do some sort of tweak to that so that this campaign that's been running quietens down.

I mean, the other really interesting thing I've been reading about is how much money is now going to likely move away from housing into superannuation because of this, because there is no other investment now available

or a savings vehicle where you get taxed as lightly as superannuation.

So that's one thing to watch.

But also how the super funds win big from this.

There's a lot of exemptions for the super funds in paying capital gains tax.

So that'll be something to watch what happens in that space.

Yeah, and I think there were concerns before the budget announcement.

I'd done a story about startups being worried that they could be, you know, they could be part of these CGT changes and then they eventually, when it was announced, it was clear they were.

There's been many small business lobbies, tech sector, wanting to meet with them and discuss potential carve-outs and where they fall remains to be seen.

Always a pleasure to be with you, Dan.

And I'm ABC business reporter Nassim Khadem.

It's so exciting to be in the same studio as you, Dan, and actually see you in the office.

We always miss each other.

The unemployment rate increased from 4.3% to 4.5%.

Now, that is a concern because, you know, we have seen forecasts from Treasury saying that the unemployment rate could actually hit around 5%, you know, within the coming year.

So a lot depends on what happens with the situation in Iran, if the war is prolonged and what effect that has on the economy.

But Dan, I think people are very concerned always about inflation numbers and forget that people having jobs are just as important here.