Budget
Background
The Leader of the Opposition questioned the Prime Minister regarding recent legislative agreements with the Greens, characterizing them as a dangerous deal involving toxic taxes.
Question
The member asked whether Australians holding self-managed superannuation funds would face increased tax liabilities as a result of the government's agreement with the Greens.
Answer from Anthony Albanese
The Prime Minister stated that existing arrangements are grandfathered under the proposals. He argued that the government could not accept a broken housing system and required Senate engagement to pass reforms, noting the opposition's refusal to debate. He highlighted that the legislation provides tax cuts for all workers and opportunities for homeownership, contrasting this with the opposition's promise to repeal such measures on day one.
Summary in reported speech - not a transcript. AI-generated, so check the source.
Read on OpenAustralia · Official Hansard (APH) · 1 point of order raised