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
Sam Birrell (Nicholls, National Party, Shadow Assistant Minister for Regional Health) | Hansard source
I'll take that interjection, because it's flatlining. It's flatlining on today's figures, Member for Bruce. I don't know if you checked those, Member for Bruce. Some of the hardest working Australians are going to be caught up by this tax grab—entrepreneurs, the people with ingenuity, the sweat equity, those generational businesses, the farmers that are trying for succession. No-one voted for these toxic taxes, and I'm not going to vote for them now. I support the WATO, the working Australians tax offset. I support the $1,000 automatic deduction. But I cannot support the changes to the capital gains tax and the negative gearing arrangements because of the way that they were brought in—stealthily—and the impact that they will have on real Australians.
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