In a move that has left many chuckling, the Albanese government has announced a capital gains tax (CGT) carve-out for what it now defines as 'small businesses'—those with fewer than 10,000 employees. Surprisingly, this includes media giant News Corp.

News Corp, which famously quipped that these CGT changes were a threat to their 'small business' of 10,000 employees, will now enjoy the benefits of this exemption. The announcement has been celebrated by the Murdoch Press, lauding the government as champions of the working class.

As if that wasn't enough, startup companies like Hancock Prospecting have also been granted exemptions, owing to their historical 'startup' status—because every empire had to start somewhere, right?

In the world of satire and humor, this development has been met with a mix of amusement and disbelief as the comedic undertones of redefining 'small business' take center stage.