Ron Dyck

Ripping!

Paul Keating urges Labor to stick with capital gains tax overhaul and avoid exemptions that would hurt economy https://www.theguardian.com/australia-news/2026/may/27/labor-budget-australia-economy-cgt-capital-gains-tax-changes-paul-keating-reponse

Paul Keating urges Labor to stick with capital gains tax overhaul and avoid exemptions that would hurt economy

Exclusive: Former PM says changes to tax rates are ‘so marginal that no entrepreneurial initiative is likely to be thwarted’

The Guardian
May 27 at 3:43amWeb
Show threadMojo ♻️May 27
@dyckron Paul Keating is right again. Widely regarded as one of the world’s best treasurers in his time, he understood how tax settings shape an economy.
Australia has spent decades bending the system toward property speculation and passive gains while wages carry the burden. Rebalancing capital gains tax is not radical, it is overdue reform.
#auspol #budget #budget2026 #paulkeating