Speeches

Labor's toxic taxes

June 4, 2026
5 min read

Parliament House, Canberra

Deputy Speaker, today, the Albanese Labor Government voted 11 times against lower income taxes for Australians.

Labor stands condemned.

The Prime Minister promised there would be no changes to negative gearing, no changes to capital gains tax.

He ruled out changes in his own words, “For the 50th time.”

No Australian can trust another word that comes out of his mouth, Deputy Speaker.

This Budget isn’t about addressing “intergenerational equity.”

It isn’t “pro-supply”.

Australians know weasel words when they hear them.

They know they’re being gaslighted.

Behind the Orwellian doublespeak it’s a massive con job, Deputy Speaker.

A Budget of toxic taxes from this Government.

And that’s why, this Government is rushing this rotten legislation, that they didn’t take to an election, through the Parliament this week.

With discretion left to this Treasurer, Deputy Speaker.

Now, of course, we support the $250 annual income tax cut.

We support the $1,000 deduction for work-related expenses.

But we do not support Labor’s toxic tax hikes, Deputy Speaker.

And this much is clear, Labor is for imposing higher, aspiration-killing toxic taxes on Australians.

We stand for lower income taxes for Australians year after year, after year.

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