Tuesday, 02 January 2024 12:17 GMT

Politics With Michelle Grattan: Tim Wilson On The Budget's Hidden Hits On Young Australians


Author: Michelle Grattan
(MENAFN- The Conversation)

The federal government's fifth budget contains major, controversial changes to the tax arrangements for housing. The government has argued that the changes will ensure young people will have better access to the housing market.

But Shadow Treasurer Tim Wilson says the Coalition is flatly opposed to the changes, accusing the government of intergenerational warfare.

Joining us on today's podcast, Wilson said Labor hadn't done enough to return the budget to surplus, despite its boasts of $64 billion in savings, including cuts to the National Disability Insurance Scheme (NDIS) and other programs:

On opposing Labor's tax changes, Wilson argued that's because they would increase pressure on rents and“kneecap” young Australians who wanted to get ahead.


The Conversation

MENAFN13052026000199003603ID1111106861


Institution:University of Canberra

The Conversation

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search