CANBERRA, ACT, Oct. 14 -- The Treasurer of Australia issued the following transcript:
Sally Sara:
Well, turning to federal politics and the government will today introduce a bill to parliament to impose a 30percent minimum tax on distributions from discretionary trusts.
The Coalition is opposing the change, citing concerns about the effect on small business, while the Greens are demanding a Senate Inquiry, saying that an early draft was 'watered down'.
Jim Chalmers is the federal Treasurer and joins me in our Parliament House studio this morning. Treasurer, welcome back to Breakfast.
Jim Chalmers:
Thanks very much, Sally.
Sara:
Before we get to today's legislative program, we already heard from the government last week about a delay...