Labor moves to protect select startup discounts
The government released a consultation paper detailing a capital gains tax carveout to preserve the 50% discount for eligible startup investors.

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The government released a consultation paper detailing a capital gains tax carveout to preserve the 50% discount for eligible startup investors.
A bill introduced in the U.S. House of Representatives would extend existing wash sale and constructive sale tax rules to many digital assets.
Bybit, operated by Bybit Fintech Limited, has been added to the Monetary Authority of Singapore's Investor Alert List, a registry that warns consumers about entities that may be mistakenly viewed as licensed or regulated.
Challenger (ASX:CGF) agreed to merge its Fidante business with Channel Capital to form a $150 billion asset entity.
Rodney Burton, known online as "Bitcoin Rodney", pleaded guilty in a Baltimore federal court to conspiring to operate an unlicensed money-transmitting business connected to the HyperFund cryptocurrency scheme.
The United States Oil Fund fell 1.07% after a US-Iran peace deal to reopen the Strait of Hormuz.
Bitcoin (CRYPTO:BTC), Ether (CRYPTO:ETH), XRP (CRYPTO:XRP), Solana (CRYPTO:SOL) and HYPE (CRYPTO:HYPE) ETF products all recorded net inflows on June 16.
Bain Capital has reportedly withdrawn its non-binding bid to buy advertising group oOh!Media (ASX:OML) for $1.60 per share.
Aehr Test Systems (NASDAQ:AEHR) announced it has secured a new purchase order for a fully automated FOX-XP system, further strengthening its partnership with a key customer in the silicon photonics market.
AngioDynamics (NASDAQ:ANGO) announced that the U.S. Food and Drug Administration approved its Investigational Device Exemption application to begin the RELIEF feasibility study.