Inside the budget a hidden 62.9 per cent tax that's one of the highest-ever, CommBank shares collapsed today after first quarter results were worse than expected. Plus, the budget is a massive whack for entrepreneurs starting a business.

<p>Inside the budget a hidden 62.9 per cent tax that's one of the highest-ever, CommBank shares collapsed today after first quarter results were worse than expected. Plus, the budget is a massive whack for entrepreneurs starting a business.</p>

As the market closes each day, Ross Greenwood brings you breaking business news you can’t afford to miss.

<p>As the market closes each day, Ross Greenwood brings you breaking business news you can&rsquo;t afford to miss.</p>

Business Now with Ross Greenwood

Business Now | 13 May

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/8c872d5b-3e72-4a10-9f3a-b449007bdbe8/transcript