Sunrise

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Senate inquiry examines controversial budget tax changes

3 min · Ayer
Portada del episodio Senate inquiry examines controversial budget tax changes

Descripción

A two-day Senate inquiry is set to examine the government's budget proposals, including changes to capital gains tax and negative gearing, amid warnings from business owners, economists and investors about potential negative impacts. Chief Economist Shane Oliver discusses concerns that the tax changes could particularly harm start-ups and tech companies with low initial capital, while potentially reducing investment in the share market. The changes may create opportunities for first-time property buyers as investors exit the market, but could lead to reduced rental property supply and higher rents over time. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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Pauline Hanson overtakes Albanese as preferred PM

Pauline Hanson has surpassed Anthony Albanese as Australia's first choice for Prime Minister according to the Resolve Political Monitor poll, with a third of almost 2,000 Australians backing the One Nation leader. Social Services Minister Tanya Plibersek and One Nation MP Barnaby Joyce debate their respective parties' policies, including wage reforms, tax cuts, healthcare investments, and One Nation's proposals to eliminate net zero policies and introduce income splitting. The discussion addresses growing public frustration with economic pressures and concerns about trust in government, with both parties defending their approaches to cost-of-living challenges. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Ayer6 min