Labor Treasurer Urges Economic Reforms to Counter One Nation Threat
- Reports
- 2
- Developments
- 2
- Repetition
- 0%
New informationRepeats or wire copies
What happened
Jim Chalmers, Treasurer for Labor, urged the party to continue pursuing difficult economic reforms to counter the political threat of One Nation. Chalmers stated that reforming the status quo in tax and housing is necessary for Labor's response to the rising influence of One Nation.
From perthnow.com.au
Why it matters
Chalmers projected that within the next year, changes to negative gearing, capital gains tax, and the taxation of trusts would be legislated. He suggested these reforms could ease inflation and lead to growing real incomes for working people.
From perthnow.com.au
Who's involved
- One NationPolitical party whose rise is cited as a political threat to Labor.
- Pauline HansonPolitical leader and primary driver of One Nation.
- LaborPolitical party engaged in electoral and policy competition with One Nation.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Australian Chamber of Commerce and IndustrySpeculative
The Australian Chamber of Commerce and Industry might face reduced revenue or increased costs if One Nation's proposed migration cuts lead to a deep recession.
How it developed
Newest first. Tap a step to see who reported it.Chalmers calls for economic reforms while McKellar warns against One Nation's migration cuts.1 source
One Nation's support has doubled in Australia, prompting Chalmers to warn Labor.1 source
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The entities involved
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One Nation
political party in Israel