Senate debates

Wednesday, 24 June 2026

Questions without Notice

Taxation

2:00 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Foreign Affairs) | Hansard source

Indeed. And what I would say is the taxation arrangement that the government has put in place—which will hopefully pass the Senate tomorrow—is one that is fair and equitable, and it applies across asset classes and it is ensuring that income from assets is taxed in a way that is analogous to the way in which income on wages is taxed.

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