AusBiotech
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Fresh concerns emerge over impact of Labor's tax changes on medical tech
Medical technology sector raises fresh concerns with Labor’s capital gains tax overhaul Sat 6 Jun 2026 at 4:44am In short: Australia's medical technology sector says Labor's budget changes will make it harder for local startups to commercialise new products. Industry groups say planned changes to research and development tax incentives will specifically hurt the health sector where companies often take more than a decade to become profitable. What's next: Labor is pressing ahead with its...