Tax debate heats up as government introduces bill to parliament | ABC NEWS
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Businesses have been warned not to expect big changes to the federal government's contentious tax shake-up as Treasurer Jim Chalmers introduced the budget bill into parliament. The opposition has promised to oppose the legislation and urged the prime minister to take the changes to an election. Meanwhile, the Greens appear willing to cooperate with the timeline to legislate the changes to capital gains tax and negative gearing. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-05-28/federal-politics-live-blog-budget-cgt-negative-gearing/106730472 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia
Tags: Australia, abc, abc news, news, auspol, tax bill labor, tax changes labor, negative gearing, capital gains tax, tax reform labor, jim chalmers, anthony albanese, question time, parliament, tax legislation, tax debate, federal tax
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