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Austmine urges Treasury to recognise METS innovation

Image: Kings Access/stock.adobe.comAustmine has called on the Australian Federal Government to recognise the innovation in industries such as mining equipment, technology and services (METS), to avoid being overlooked for the proposed Innovative Business Capital Gains Tax Concession (IBCC), slated for July 2027. The IBCC, according to the Federal Treasury, is designed to prevent the government’s broader capital gains tax reforms from unintention…

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Australian Mining broke the news on Wednesday, July 15, 2026.
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