I've been very critical of Anthony Albanese.

Now I've been most surprised by his government's steps around capital gains tax, #FamilyTrusts and #NegativeGearing.

Not going to pretend that I understand their complexity. But they seem to be important.

#WhileYoureDownThere Anthony, how about re-establishing the capacity for expert-level work inside the Australian public service that is currently farmed out to the shonky unreliable leech-consultancies?
#AusPol #KPMG
https://www.abc.net.au/news/2026-05-29/kpmg-boss-resigns-over-mishandled-whistleblower-allegations/106737180

Crikey | ‘Broken promises’, ‘death tax’: What the tax reform tantrum is really about by Rachel Withers

AI generated summary, Read the full article for complete information.

The article “‘Broken promises’, ‘death tax’: What the tax reform tantrum is really about” by Rachel Withers (May 20 2026) critiques the sensational language used against Labor’s proposed changes to investor tax breaks—specifically the capital gains tax discount, negative gearing and trusts—arguing that the core issue is simple: it is unfair for passive‑income earners to pay lower taxes than wage earners, and the current system is an anomaly that needs correcting.

Read more: https://www.crikey.com.au/2026/05/20/death-tax-reform-australia-broken-promise-capital-gains-tax-negative-gearing/

#LaborParty #capitalgainstax #economy #familytrusts #negativegearing