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

Young people and the next generation—I just got asked how. Young people today will pay more income tax than I have ever paid. They will pay more income.

Government members interjecting

It's not funny. Why do you think it's funny that young people will pay more income tax than I have ever paid? They will pay more capital gains tax than I have ever paid. It has just been doubled. I can continue to negatively gear my place while no young person will ever be able to negatively gear their place. How is that funny? How is that funny?

Government members interjecting

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