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Phillip Coorey

Labor takes aim at the wealthy - and tests the teals

Reagan liked to say, “you gotta dance with the one that brung ya”. For the independents, that’s not looking so simple as the government’s super cap changes arguably break an election promise.

Phillip CooreyPolitical editor

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In November 2019, Anthony Albanese used a Press Club speech to set Labor’s course towards election victory.

In doing so, he explained why the party needed to abandon its $154 billion in promised crackdowns on franking credits and other tax concessions that played such a pivotal role in its election loss in May that year.

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Phillip Coorey is the political editor based in Canberra. He is a two-time winner of the Paul Lyneham award for press gallery excellence. Connect with Phillip on Facebook and Twitter. Email Phillip at pcoorey@afr.com

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    Original URL: https://www.afr.com/politics/federal/small-target-labor-s-class-war-on-wealthy-a-test-for-the-teals-20230227-p5cnve