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Albanese on three-state blitz to tout budget tax changes

The prime minister, Anthony Albanese, is speaking on Triple M Hobart this morning about the budget plans, continuing the campaign to tout the latest federal budget. He’s stressing once more that changes to the capital gains tax discount and negative gearing are a recalibration of fairness in the housing system.

double quotation markFirst home buyers who rock up to an auction, and they’re competing against an investor, the investor has the taxpayer by their side.

If they [the investor] have to choose, and they get down to the business end … they’re in a stronger position, because the taxpayer, [if they have to pay more], they have increased tax deductions … now that’s not fair.

Albanese is on a three-state blitz today – breakfast in Hobart, lunch in Adelaide and dinner in Perth.

Read original at The Guardian

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