House debates

Wednesday, 27 May 2026

Questions without Notice

Budget

2:22 pm

Photo of Tim WilsonTim Wilson (Goldstein, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question is to the Prime Minister. The Prime Minister has repeatedly said: 'We are simply returning the CGT system to what was there before 1999.' In 1999, capital gains could be averaged over five years to stop small-business owners being pushed into the top tax bracket. Prime Minister, in your own words, 'It's time to be honest.' Is this your policy?

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