ABC News – Top stories ·general ·2 hours ago

The populist wave has made Labor bolder

Australia's Labor government is pursuing bold tax policies on negative gearing and capital gains to counter populist sentiment, drawing parallels to Nigel Farage's rise in Britain. Treasurer Jim Chalmers' budget aims to raise $100 billion from asset owners over a decade while signaling future tax relief for workers.

Summary by Glance · ABC News – Top stories

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