Senate debates

Wednesday, 24 June 2026

Statements by Senators

Budget

1:43 pm

Photo of Jessica CollinsJessica Collins (NSW, Liberal Party) | Hansard source

I am glad there is an audience in this chamber today, because they need to know that they were absolutely betrayed on budget night—absolutely betrayed. You had your prime minister tell the good Australian people that these tax changes would not be on the table. More than 50 times he promised the Australian people that he would not make changes to the capital gains tax or negative gearing. And what did he do? He said he changed his position. Well, I'll tell you what. He didn't just change his position; he moved the goalposts on every single person in Australia, and he has lost the trust of the Australian people. What did we see here in the chamber yesterday? Labor doing a dirty deal with the Greens. And what does that mean for the rest of Australia? More taxes coming out of your hard-earned money. It's a crying shame, and we will fight this to the very end.

We want to know why Labor and the Greens think that if you want more of something—if you want more of housing, if you want more of investment or if you want to grow this economy so that we can raise our living standards—you should tax it more. Tell us that, Labor. Why tax it more?

The Greens stood in this chamber yesterday and said that the budget didn't go far enough and was not ambitious enough. Do you know what that says to the Australian people? They want to tax you more and take more of your hard-earned money. Well, we will not stand for it and we will take that all the way to the election.

This is a government that wants a share in your business and in your ambition, and it wants to tax your dreams. This is an armchair shareholder, and this is the way of the Labor government: when it runs out of money, it comes after yours.

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