Fears negative gearing could be ‘back on the table’ for Labor to reform

Australia News News

Fears negative gearing could be ‘back on the table’ for Labor to reform
Australia Latest News,Australia Headlines
  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 78%

Shadow Infrastructure Minister Bridget McKenzie says the Labor government were very clear about not “making changes to superannuation” or driving up taxes during their campaign leading up to the election.

Ms McKenzie’s comments come after the government announced reduced tax concessions for those with $3 million or more in

superannuation.“I think you’re really seeing here the tension between the current Prime Minister and the aspirant prime minister in Jim Chalmers.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SkyNewsAust /  🏆 7. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Albanese government accused of ‘Labor’s version’ of the ‘sports rorts’ affairAlbanese government accused of ‘Labor’s version’ of the ‘sports rorts’ affairSky News host Sharri Markson says the Albanese government stands accused of “pork barrelling in the same vein” as the 2019 “sports rorts” affair. Ms Markson spoke of Labor’s announced $40 million for the Improving Mobile Coverage Round – which was formalised earlier this month. “In an election promise, Communications Minister Michelle Rowland pledged to fix the mobile black spots in regional areas,” Ms Markson said. “Tonight, we can reveal the vast majority of locations being funded are in Labor-held seats … as it turns out – 40 out of the 54 locations are in Labor electorates. “And just 11 locations are in Coalition-held seats – seven of those 11 locations were marginal seats that Labor hoped to win at the last federal election. “So, 40 out of 54 areas receiving funding to fix mobile coverage are in Labor seats.” Ms Markson commented Opposition Communication Spokesman David Coleman said this was Labor’s version of the “sports rorts” saga, where Labor attacked the former Morrison government for directing sports funding to Coalition electorates.
Read more »

‘Holier than though’: Pressure mounts on Rowland over grants scheme‘Holier than though’: Pressure mounts on Rowland over grants schemeCommunications Minister Michelle Rowland is under pressure to explain how a federal regional grants program “overwhelmingly” favoured Labor seats with the Coalition threatening to call an inquiry.
Read more »

Labor ‘crab-walking away’ from possible changes to super following ‘backlash’Labor ‘crab-walking away’ from possible changes to super following ‘backlash’Sky News host Cory Bernardi says after Labor promised before the election not to touch super, the party has been “flying kites” around massive changes to be announced in the budget. “After a bit of a backlash, they’re crab-walking away from what they first put out there, but it provides a great insight into their intentions,” Mr Bernardi said. “But what gets me about this latest move is the rank hypocrisy.” He said Labor has “one rule for you and another for themselves”.
Read more »

Potential ‘vulnerabilities’ for NSW Labor over superPotential ‘vulnerabilities’ for NSW Labor over superFormer Liberal senator Zed Seselja says there may be a couple of “big vulnerabilities” for NSW Labor ahead of the upcoming election due to the federal government's super plans. “One is the broken promise because Anthony Albanese made a lot over integrity about putting all of the policies on the table, and it’s clear that this policy wasn’t put on the table,” Mr Seselja told Sky News Australia. “If you’re an undecided voter, you’re not sure which way to go, well if you’re hearing a lot about Labor’s plans to tax your retirement income more, you might just be a little less likely to put a one in the Labor box.”
Read more »

Labor putting super funds’ interests before voters’: BraggLabor putting super funds’ interests before voters’: BraggLiberal senator Andrew Bragg has accused Labor of putting big super’s interests over consumers’ in its proposed definition for the purpose of the superannuation system.
Read more »



Render Time: 2025-03-04 22:20:56