Treasurer dubious on negative gearing reform
As the political stoush over negative gearing intensifies, Jim Chalmers backed in Anthony Albanese’s scepticism over winding back the tax concession for property investors.
As the political stoush over negative gearing intensifies, Jim Chalmers backed in Anthony Albanese’s scepticism over winding back the tax concession for property investors.
Anthony Albanese has claimed he had nothing to do with Treasury examining changes to negative gearing or the capital gains tax discount as a growing number of Coalition MPs push Peter Dutton to consider their own property tax changes.
Teal MPs who may be critical to Anthony Albanese’s hopes of a power-sharing agreement in the event of a hung parliament have lashed his government’s approval of three coal mine extensions.
The PM says he didn’t ask Treasury to consider winding back negative gearing and capital gains tax concessions for property investors, but could not answer if his Treasurer put in the request.
Australia could add more than 7GW of new renewable energy capacity this year, as Labor premiers give Peter Dutton the cold shoulder on nuclear.
Business says employers are already being consumed by ‘costly’ legal disputes stemming from Labor’s multi-employer bargaining rules, with claims in sectors ranging from disability to fast food.
Peter Dutton is holding out the prospect of gaining bipartisanship from Labor and stakeholders on his controversial nuclear plan.
Peter Dutton concedes his nuclear energy plan will have a ‘significant’ upfront cost but hasn’t released the detail, as he attempts to convince voters of the ‘truly visionary’ policy.
Chris Bowen will weaponise government modelling warning of blackouts under the Coalition’s energy policy and demand-supply gaps of up to 49 per cent by 2035, amid growing support for Peter Dutton’s nuclear pitch in inner-city seats.
Anthony Albanese has lashed his critics after another senior figure from the Hawke-Keating era criticised Labor’s ‘cautious’ policymaking.
Original URL: https://www.theaustralian.com.au/author/rosie-lewis/page/8