Angus Taylor says Coalition will 'absolutely oppose' negative gearing, CGT measures | ABC NEWS

追加: 2026-05-14

[00:00:00]Well, opposition leader Angus Taylor joins us now for his reaction. Angus, thanks for joining us this morning.

[00:00:06]The two big pieces that people are talking about, of course, are on property when it comes to negative gearing and capital gains tax.

[00:00:13]How do you feel about it? Do you support it?

[00:00:14]>> Well, can I start by saying that this is a budget of broken promises, higher taxes, lower standard of living, and less houses. And all of that is in the budget papers, it's clear. Uh we absolutely don't support the assault on aspiration in this budget through hiking taxes on small businesses, on savings, on houses. On the government's own admission, we're going to get less houses as a result of these taxes. And yet, they're saying the whole point of this is to get more houses for young Australians. We're getting the exact opposite. Uh this is a government that's just run out of money, and it's coming after Australians' money, and it's doing that through tax hikes. Not just these tax hikes, they're they're hidden tax hike, which is income taxes rising with inflation. All of that $250 will be gone in 6 months at the current inflation rate. So, this is a fraud. Uh it's not a budget that's going to deliver the rising living standards Australians need.

[00:01:10]>> Just on the big three that were announced in the real focus last night, negative gearing, capital gains, and these taxes on family trusts as well, which has probably not got as much attention given how much money that's actually going to raise.

[00:01:21]Will you support these changes at all?

[00:01:23]Are you open to any changes in that area? And are you going to go to the next election campaigning to reverse the changes?

[00:01:28]>> We will absolutely oppose these changes.

[00:01:31]It is true that the government has had so much feedback, I'll be kind in that word, hostility, frankly, towards some of these that they're already saying they're going to do a review, so we don't know what form they're going to be in. But look, frankly, they are an assault on aspiration. Uh they are going to undermine wealth creation and prosperity creation and our standard of living in this country. And so, we will fight against them all the way till when this legislation comes to the parliament and beyond if necessary. Our aim now, let me tell you, is to ensure this legislation doesn't get through the parliament. We'll be working with small businesses, people saving money, people who want more homes to fight these changes every single day.

[00:02:13]I just want to put you on the spot with this though. It looks as though there's a passage for these changes to get through the Senate with the Greens.

[00:02:19]If they do come into law, are you going to go to the next election vowing to repeal them? Well, James, can I can I start by saying that I don't agree with you. I think the backlash here from people who want more homes, from people who want to save more and and build their prosperity and wealth over time, from people who run small and family businesses, the hostility will be enormous and I think the government will be forced to recant on significant parts or all of this, I hope. And we're going to be fighting for that. But we're going to fight all the way through to the next election and there's no doubt about that. This we are dead against this and we'll do whatever we have to do to ensure that these these taxes are not imposed on Australians. Some people do support this though. Some of our viewers support these changes too. But don't you agree that we need to tackle intergenerational inequality? This is going to make it worse. We're going to get less We're going to get less houses. In the budget papers themselves, the government admits that these taxes are going to reduce the number of houses by 35,000.

[00:03:21]That's their own admission.

[00:03:23]So, it's not going to solve the problem.

[00:03:25]And in fact, what it's going to do is lock young Australians out of getting the tax advantages that older Australians have had.

[00:03:34]It's intergenerational inequity against younger Australians and that's the extraordinary thing about it. We had the Treasurer on earlier. He was talking about this. We spoke to him about the reduction in houses. He says it'll be offset by the government's social housing scheme, things like that. But they You guys can have that Well, the tax piece, which is the centerpiece as you rightly say, that piece is going to reduce the number of houses by 35,000.

[00:03:58]It's in the budget papers. They've admitted. Now, when I was on your show last time, I said if you tax something more, you get less of it. Well, they've admitted it. That is exactly right.

[00:04:07]You've got a budget reply speech. It's a big moment for you in a couple of days.

[00:04:10]What are you going to be doing on housing? What's your plan to get more Australians into homes? Well, look, I've already said that central to this has to be getting immigration into balance with our housing supply. It's out of balance.

[00:04:24]It's completely out of balance.

[00:04:26]And we will cap the net overseas migration. That's the the number of people we're adding to our population through immigration to within the available housing in this country. And that must happen. So Yeah, so how do you build more homes? What's your plan for that? Well, and our plan our plan has long been to make sure that the infrastructure necessary to get those houses in place is there so that build and that there's not excessive regulation on builders, frankly. Make it easier to build houses. Make it faster to build houses, and you'll get more houses. Labor's housing construction rates are way below what they were when we were in government. They have failed on this. It is very clear that they're 70,000 a year below their own targets.

[00:05:08]It's been a complete failure cuz they don't understand the key is just to make it easier to build homes. Is there anything that you will support in this budget? For instance, wage or the tax offset? Yeah, we've said we've said we'll support that. But the point I'd make about it is it's gone in 6 months.

[00:05:24]Bracket creep, that's that's the inflation tax we have built into the economy, which is running at a rapid rate. That $250 for an average earner is gone in 6 months. We will support the permanent accelerated depreciation for small businesses. Small businesses are in trouble, and they're going to be in a lot more trouble after some of those changes that Labor's making.

[00:05:44]And so that's a policy we took to the last election.

[00:05:48]We will support it and we will support the $2 billion investment in infrastructure to build more houses.

[00:05:54]Fair question about whether that's enough, which was my point earlier, but that's something we'll support. We took a similar policy with a bigger quantum to the last election. You make a point about bracket creep. The Prime Minister shut down questions about whether there are tax cuts coming in the future. The Treasurer was much more open to it on Thursday night. Are you going to be talking about fresh income tax cuts for Australians? Well, I mean what I'd say at this point, and I'm not going to give you my budget reply speech now, obviously, but what I will say is that embedded into Labor's budget is a tax increase every year.

[00:06:27]Every year. On top of the capital gains tax and negative gearing, the the taxes on small businesses, the taxes on savings, the taxes on homes, is a tax on every Australian which Australian which goes up every year. And it gets worse as inflation goes up and inflation is raging under Labor. So, this is a bad tax and it's hurting Australians at the moment enormously. The government's saying it's reining in spending. We're seeing savings with the NDIS, for instance. Has the government gone far enough?

[00:06:56]Well, we we support making sure that the NDIS is sustainable and we'll work and as I said from from the word go when they announced these changes, we'll work with the government on this. I'm skeptical as to whether what they're doing is going to make it sustainable and I think there's a lot of work to do to get that right. As I say, we'll work with the government on that, but there's a lot of other areas of spending where I think there are big problems. I mean, there's corporate welfare whilst industry is going offshore.

[00:07:24]We've got a whole health bureaucracy in this Sorry, I not health housing bureaucracy in this government that is not delivering more houses.

[00:07:34]We've got a climate bureaucracy that's not bringing down emissions. I mean, this is spending that is not delivering results And we think there's real potential to contain that growth in spending and therefore deliver lower taxes to Australians. Just before we let you go, a political question. I think even you'd concede your party is at a bit of a low ebb, especially after losing the seat of Farrer at the by-election to One Nation. Do you think the government is doing this because it doesn't see you as a so much of a political threat anymore? It feels like it can actually make these sorts of changes. I just think it's an arrogant government. I mean, I think that's the truth. And it's true, we've got a lot of work to do. I don't mince words about that. And I said that on the ABC on on Saturday night. We know we've got to rebuild trust with voters. But we'll we will rebuild trust by fighting rotten Labor policies and a rotten Labor budget. And that's what we've got in front of us right now.