CANBERRA, ACT, May 10 -- The Treasurer of Australia issued the following transcript:
Note
Subjects: federal Budget, tax policy, housing, Farrer by-election
Andrew Clenell:
All right, the big moment here. Joining me on the program is the Treasurer, Jim Chalmers. Jim Chalmers, thanks for joining me on this Mother's Day.
Jim Chalmers:
Thanks, Andrew. Good to see you.
Clennell:
Now, it's my clear understanding you will be dropping negative gearing for existing properties going forward and you will be dropping the capital gains tax discount for transactions going forward. Do you concede that's an egregious broken election promise?
Chalmers:
First of all, Andrew, I'm not going to pre‑empt the specifics of any policies that we may ...