House debates

Wednesday, 3 June 2026

Bills

Treasury Laws Amendment (Tax Reform No. 1) Bill 2026, Income Tax Rates Amendment (Tax Reform No. 1) Bill 2026; Second Reading

6:09 pm

Photo of Sam BirrellSam Birrell (Nicholls, National Party, Shadow Assistant Minister for Regional Health) | Hansard source

These tax changes are proving pretty unpopular out there in voter land, and the reason for that is multifaceted. Basically, it's the premise on which they were introduced, the personal impact that they're having on people, the inability of some ministers to explain how it's going to affect people and the fact that it's just a massive tax grab of $77 billion over the next 10 years. I'll talk a bit more about that later.

I'm hearing all these impassioned defences of these tax changes—capital gains tax and negative gearing; why we have to have it—and I'm just thinking, member for Dawson: I didn't hear any of this before the election.

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