ABC News – Top stories ·general ·1 hour ago

Finally, a tax fight that actually means something

Australia's major parties announced competing tax reform agendas this week, breaking a historical pattern of caution. Labor targets wealth through negative gearing and capital gains changes, while Liberals focus on bracket creep indexation. Both acknowledge the tax system unfairly burdens working-age wage earners, but fundamentally disagree on solutions in what observers call a classic left-right.

Summary by Glance · ABC News – Top stories

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