House debates

Wednesday, 27 May 2026

Matters of Public Importance

Budget

3:56 pm

Photo of Simon KennedySimon Kennedy (Cook, Liberal Party, Shadow Assistant Minister to the Leader of the Opposition) Share this | Hansard source

Good. Young people—that is how they're worse off. They're paying higher income tax than I ever did. They're paying double the CGT that I ever did. And they're never paying negative gearing—

A government member interjecting

That is why they are. I would love to hear the next speaker, whoever it is, explain those three points and why they're wrong. Explain to the Australian people, explain to young people, why they are going to pay higher taxes than I have ever paid and then gaslight them that it's in their interest. It's despicable how you can look young people in the face in your electorate when they're paying far higher taxes than you ever will.

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