Australia's Federal Treasurer Jim Chalmers has confirmed that the government is not considering any further tax changes after the controversy over the proposed adjustments to the stage three tax cuts. Despite facing criticism for potentially breaking an election promise to not alter the stage three tax cuts, Chalmers has dismissed suggestions that the government will scrap negative gearing, focusing instead on build-to-rent solutions for housing affordability. The Labor government's intent to change the stage three tax plan has led to accusations of backpedaling on their commitment to uphold the Coalition's legislated tax cuts, which is now considered stalled by #RMITABCFactCheck.
Liberal Senator Michaelia Cash has blown up over Labor's changes to stage three tax cuts, pointing the finger at Prime Minister for lying to Australians during an animated interview with Sky News. https://t.co/g7Ofe6ASQa
Former Labor senator Stephen Conroy says Prime Minister Anthony Albanese knows that he will "lose a lot of paint" over the broken stage three tax cut promise. https://t.co/OlccTp1MDQ
Sky News Political Editor Andrew Clennell says Teal MPs supporting the Albanese government’s tax overhaul have to think about their “electoral prospects” because they are up against Liberals “who want tax cuts” for high-income earners. https://t.co/L5AETXQ5JP
Former Labor senator Stephen Conroy says it’s “no surprise” the Yarra City Council would be considering not repairing Melbourne’s Captain Cook monument, which was vandalised ahead of Australia Day. https://t.co/YslEFj3MTr
Treasurer Jim Chalmers has moved to reassure Australians he will not resurrect negative gearing changes following accusations Labor is contemplating other “tax grabs” after backflipping on stage three > https://t.co/34YPxHll9t https://t.co/QWaI2GPJQ2
Sky News host Peta Credlin has declared the government is "coming after negative gearing" after the Prime Minister turned his back on his consistent promise not to touch stage three tax cuts. https://t.co/KzmxaeEGA0
Jim Chalmers says a crackdown on negative gearing for property investors is not on the table — and build-to-rent remains the focus for improving housing affordability: https://t.co/3H4KOUfhAE https://t.co/p8Zr3FYCso
Sky News host Paul Murray says people are “turning” on Prime Minister Anthony Albanese as the tax returns Australians are likely to see won’t touch the $200 more they are spending due to the cost-of-living crisis. https://t.co/uLJWsGveJH
Former Labor senator Stephen Conroy says Prime Minister Anthony Albanese has “lost some paint” with voters and the boos at the Australian Open were a “representation” of that. https://t.co/llx3cXkXeo
With the govt announcing its intent to change the stage 3 tax plan, Labor's promise to maintain the Coalition's legislated tax cuts is now considered stalled by #RMITABCFactCheck If the changes are legislated, the promise will be considered broken. https://t.co/Dk9WyWY3Zc
Sky News Political Reporter Tom Connell has gone through the responses from both the Labor government and Opposition after it was announced changes would be made to the stage three tax cuts. https://t.co/tjRscefdSj
Treasurer Jim Chalmers dismisses suggestions the government will scrap negative gearing after proving willing to break an election promise not to touch stage 3 tax cuts. https://t.co/IdzZuTBFTi
Federal Treasurer Jim Chalmers says the Government isn't considering any further tax changes after the Stage 3 tax cut shake up. @CCroucher9 #9News https://t.co/gf540u6IYR