{"id":13799,"date":"2026-05-04T00:25:06","date_gmt":"2026-05-04T00:25:06","guid":{"rendered":"https:\/\/globalnewstoday.uk\/index.php\/2026\/05\/04\/tabcorp-warns-government-about-adverse-effects-if-blocked-from-rd-tax-breaks-capital-brief\/"},"modified":"2026-05-04T00:25:06","modified_gmt":"2026-05-04T00:25:06","slug":"tabcorp-warns-government-about-adverse-effects-if-blocked-from-rd-tax-breaks-capital-brief","status":"publish","type":"post","link":"https:\/\/globalnewstoday.uk\/index.php\/2026\/05\/04\/tabcorp-warns-government-about-adverse-effects-if-blocked-from-rd-tax-breaks-capital-brief\/","title":{"rendered":"Tabcorp warns government about \u2018adverse effects\u2019 if blocked from R&amp;D tax breaks &#8211; Capital Brief"},"content":{"rendered":"<p>ASX-listed betting giant <b>Tabcorp<\/b> has warned the <b>Albanese<\/b> government that blocking gaming and tobacco firms from receiving tax breaks for research and development will compromise its ability to conduct studies into anti-money laundering and counterterrorism measures.<br \/>But the <b>Alliance for Gaming Reform<\/b> (AGR) has strongly backed the government\u2019s proposal, which it says recognises that while gaming is legal, it is not the type of activity that deserves public subsidies.<br \/>The government\u2019s legislation proposes denying gaming and tobacco companies access to existing tax breaks, worth up to 16.5% of R&amp;D expenditure, unless the work targets harm minimisation.<br \/>In a submission to a Senate economics committee inquiry into the proposal, Tabcorp \u2014 responsible for brands TAB, Sky Racing and MAX \u2014 backs the harm minimisation exception, insisting \u201csafer gambling is at the heart of everything we do\u201d.<br \/> <span x-text=\"chartreuseText\" class=\"bg-chartreuse-400 px-3 py-1 text-zinc-900\"><\/span> <\/p>\n<p> <span x-text=\"originalPrice\" x-show=\"originalPrice\" class=\"mr-1 text-zinc-500 line-through\"><\/span> <span x-text=\"offerPrice\" class=\"font-semibold\"><\/span> <br \/> Already a subscriber? <a href=\"\/signin\/\" class=\"link-underline text-cobalt-600\"> Sign in <\/a> <\/p>\n<p> Your email address will be stored in accordance with our <a href=\"\/terms-and-privacy\/\" class=\"link-underline text-cobalt-600\">privacy policy<\/a>. <\/p>\n<p> Your email address will be stored in accordance with our <a href=\"\/terms-and-privacy\/\" class=\"link-underline text-cobalt-600\">privacy policy<\/a>. <\/p>\n<p> Your email address will be stored in accordance with our <a href=\"\/terms-and-privacy\/\" class=\"link-underline text-cobalt-600\">privacy policy<\/a>. <br \/> \u00a9 2026 Capital Brief Pty Ltd <\/p>\n<p> Your email address will be stored in accordance with our <a href=\"\/terms-and-privacy\/\" class=\"link-underline text-cobalt-600\">privacy policy<\/a>. <\/p>\n<p><a href=\"https:\/\/news.google.com\/rss\/articles\/CBMi5gFBVV95cUxOUGFxOWRrQ1BXbGs2X09vd3NOTmw2TlR2OW1qMzhVOFNVQlY1MzZfWmktUGNUTXFEQy1VSHhBdURJcHNwaklFcmNrWTNuSldsZUxTMjZrLU1VMTB4a2ZER09SM3BGVTNOZnowZkRJeUFrdDQ4MGxja3BWcTZIRHpWb2s3aDlBSnFNemZ5aG9RRWN4UV9IQ2dRSDZXLWtyNnN4ZGVHOW0tLVdrSTN0NlRlTWV0b1hWQUV5Vzg4ejBYcHJjaWNyVTdBUFRDM2huakZnZXVOVGhpbDViUXVuMzA2cEhaTUV0QQ?oc=5\">source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ASX-listed betting giant Tabcorp has warned the Albanese government that blocking gaming and tobacco firms from receiving tax breaks for research and development will compromise its ability to conduct studies into anti-money laundering and counterterrorism measures.But the Alliance for Gaming Reform (AGR) has strongly backed the government\u2019s proposal, which it says recognises that while gaming [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13800,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-13799","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-politics"},"_links":{"self":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts\/13799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/comments?post=13799"}],"version-history":[{"count":0,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts\/13799\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/media\/13800"}],"wp:attachment":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/media?parent=13799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/categories?post=13799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/tags?post=13799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}