Comment

By kyeh@thesaturd… , 30 May, 2026
It is disturbing how the reforms to capital gains tax have thrown the opposition and their conservative media mates into a frenzy. It is not surprising that the ‘losers’ or potential losers will shout the loudest, but it is disappointing that serious efforts were not made to reflect genuine concerns and inadequacies – to improve the main initiatives, rather than just can them.
By kyeh@thesaturd… , 29 May, 2026
On Thursday, the treasurer, Jim Chalmers, introduced into parliament his omnibus bill to legislate the major elements of his budget. It neatly glues the changes to capital gains, negative gearing and trusts together with the tax cuts for millions of workers.