Episode Details
Back to Episodes
Tax reform clears Lower House as tariff battle looms
Published 2 weeks, 6 days ago
Description
The Australian government's tax reform bill, bundling changes to capital gains, negative gearing, instant tax deductions and offsets, has passed the Lower House and now faces a Senate battle where the Greens hold the balance of power. The Greens have raised concerns about ministerial discretion provisions in the legislation, while the Opposition seeks an alliance to block it. Meanwhile, both major parties have united in condemning the United States' proposed 12.5 per cent tariffs on Australian exports, with Trade Minister Don Farrell meeting his US counterpart in Paris to argue the tariffs are unjustified, though Australian beef and gold exports remain exempt.
See omnystudio.com/listener for privacy information.