Senate debates Bills

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


Katy Gallagher

Katy Gallagher ACT, Australian Labor Party, Minister for the Public Service

12:55 pm

This goes back to our earlier discussion. It's not broken down by impact on capital gains alone. The advice feeds into the figure, is my understanding, of the impact on 35,000 over the next decade, and that's comparing just on the tax changes. So, as you say, we've made a range of other decisions in the budget papers and in the budget measures which will increase housing supply by 30,000 because of the investments we're making in the housing infrastructure side of the budget. That 35,000 dwellings number is not broken down by a particular change to just one element of the package.

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