staff writers
Factcheck: Are population growth and a lack of supply driving the housing crisis? (no)
The Senate Select Committee on the Operation of the Capital Gains Tax Discount tabled its report on Tuesday. In short, it found that Australia’s current tax system favours investors and fuels intergenerational inequality. But the Coalition maintains the CGT discount is “working as intended.”
The Point Weekend Quiz
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Ed Husic calls out gas industry’s “glut of greed”
A sharp rebuke of Australia’s gas industry was delivered in Parliament overnight, as Labor MP for Chifley, Ed Husic, accused major exporters of putting profits ahead of the public interest and called for a stronger national approach to managing the country’s gas resources.
Clive Palmer joins cross-party chorus for fairer gas tax
Clive Palmer and his United Australia Party have joined a growing chorus of voices calling for a 25% tax on Australian gas exports, saying “We need Australian gas for Australians, not sent offshore to benefit other countries.”
