{"id":485359,"date":"2026-06-10T08:26:09","date_gmt":"2026-06-10T08:26:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/485359\/"},"modified":"2026-06-10T08:26:09","modified_gmt":"2026-06-10T08:26:09","slug":"wesfarmers-ceo-rob-scott-warns-cgt-changes-threaten-entrepreneurship-and-investment-reveals-how-ai-is-boosting-productivity-at-bunnings-and-kmart","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/485359\/","title":{"rendered":"Wesfarmers CEO Rob Scott warns CGT changes threaten entrepreneurship and investment, reveals how AI is boosting productivity at Bunnings and Kmart"},"content":{"rendered":"<p>Wesfarmers chief executive Rob Scott has warned that Labor\u2019s budget tax changes will deter entrepreneurship and investment, and risk sending the economy backwards in what he fears will be a lost decade for Australia.<\/p>\n<p>Scott, whose West Australian-based conglomerate has operations spanning hardware giant Bunnings and discount chain Kmart to lithium mines, said the business was well positioned to weather an economic slowdown, but he was disappointed in the budget and its overhaul of capital gains tax rules.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"Wesfarmers chief executive Rob Scott has warned that Labor\u2019s budget tax changes will deter entrepreneurship and investment, and&hellip;\n","protected":false},"author":2,"featured_media":485360,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[114,293,85,46],"class_list":["post-485359","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entrepreneurship","tag-business","tag-entrepreneurship","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/485359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=485359"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/485359\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/485360"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=485359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=485359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=485359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}