Australia politics live: Albanese denies tax reforms aimed at courting votes from growing gen Z cohort

Angus Taylor to give budget reply speech tonight. Follow today’s news live Get our breaking news email , free app or daily news podcast Albanese also said he expected productivity gains from the capital gains tax changes, arguing the current system “distorted the market towards housing away from equities”. Investment won’t be distorted by the way the tax system operates, he said. If you concentrate on good policy, the politics will look after itself. What we’re concentrating on here is good policy in the interest of young Australians, but also in the interest of that social cohesion. In the national interest as well. Continue reading...

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