ABC News – Top stories ·general ·1 hour ago

Angus Taylor promises permanent tax cuts and to reinstate all negative gearing

Opposition Leader Angus Taylor pledged Thursday to reverse Labor's property tax changes and introduce permanent income tax indexation, spending A$22.5 billion over four years. The Coalition would reinstate negative gearing and capital gains concessions while tightening migration rules. Labor called the plan "uncosted nonsense," while business groups welcomed red tape cuts but demanded a clear funding strategy.

Summary by Glance · ABC News – Top stories

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