Taxation

Cox opposed the motion, stating that the government would not allow victims of violence or widows to lose negative gearing treatment for properties owned on budget night. Cox highlighted that draft legislation released in August ensures these protections continue, with reforms commencing only on 1 July 2027. Cox argued the opposition was running a scare campaign to defend outdated tax concessions while ignoring the government's investment in ending violence against women.

McKenzie supported the motion, criticising the government for economic incompetence and failing to consult adequately before legislating. McKenzie argued that divorcees and widows would be unable to use inherited negative gearing and capital gains tax rules when assets were transferred, causing financial hardship. McKenzie claimed the public was misled by previous assurances that negative gearing would remain unchanged.

Dowling opposed the motion, noting that the government had already committed to addressing property transfers through an exposure draft open for consultation until 21 August. Dowling stated that the draft preserves existing negative gearing treatment for properties owned on budget night when transferred due to death or relationship breakdown. Dowling contrasted this with the coalition's election policy, which he said would have increased income tax for all Australians, including vulnerable groups.

Hume supported the motion, arguing that the tax increase was a deliberate and mean act rather than an oversight, as the government had ample time to fix it during the original legislative process. Hume contended that relying on future draft legislation provided no certainty for individuals needing to refinance or secure housing immediately. Hume cited a specific case of a domestic violence victim unable to secure financing due to the uncertainty created by the current laws.

Bragg supported the motion, linking the tax issues to broader economic mismanagement and a deliberate policy to reduce housing supply by discouraging individual investors. Bragg criticised the budget for lacking clear definitions of new builds and for relying on Greens support to pass tax increases. Bragg argued that the government's approach was harming affordability and that the treasurer's policies had collapsed, leaving individuals without certainty.