Labor's tax changes are now requiring legislative action, and Treasurer Chalmers has reportedly watered down the controversial new tax.
2 reports, 2 independent
Updated Sep 3
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What happened
Labor's tax changes are now requiring legislative action, and Treasurer Chalmers has reportedly watered down the controversial new tax.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Chalmers manages controversial tax changes needing parliamentary buy-in.1 source
Labor is modifying tax policy by backing away from steep penalties.1 source
Keep exploring
Part of
The Labor government in Australia is leading a major tax overhaul, with Treasurer Jim Chalmers guiding the process and the Greens offering conditional support.Also in this story
- Greens secured minor party backing for budget overhaul and commented on SMSF changes to residential property.
- David Pocock introduced an amendment regarding tax reforms, which the Labor government is announcing via Treasurer Chalmers.
- Jim Chalmers discussed superannuation expansion with the Greens.
- The government is accused of broken promises regarding tax policy and is facing accountability from the legislative body.
The entities involved
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Labor
company in Rome, Italy
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parliament
legislative body of government
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Jim Chalmers
Australian politician (born 1978)