Opened the debate
Cadell argued that the government had abandoned economic aspiration and was financially controlling citizens through punitive tax measures. Cadell criticised the widow tax, which imposes capital gains tax liabilities on surviving partners, and opposed linking tax cuts to these changes. Cadell also condemned the five per cent deposit scheme, claiming it has pushed 260,000 people into negative equity as the housing market cooled. Cadell further argued that the government was reducing choice in aged care by prioritising public beds over private health insurance rebates.