CANBERRA, ACT, June 26 -- The Treasurer of Australia issued the following transcript:
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Subjects: tax reform passing the parliament, Venezuela earthquakes, tax reform
Melissa Clarke:
The most significant change to the tax system in decades has now passed the Australian Parliament. Labor's changes to capital gains tax and negative gearing, packaged together with a tax cut for income earners and an expanded instant asset write off for businesses, were secured with the support of the Greens. The government says it's a victory for workers and first‑home buyers, while the Opposition describes it as a dark day for Australians.
Treasurer Jim Chalmers joins me in our Parliament House studio. Jim Chalmers, thanks for speaking with AM t...