Chalmers does little to quell CGT debate as budget looms
Treasurer Jim Chalmers has avoided clarifying plans for capital gains tax reform ahead of the upcoming budget, maintaining ambiguity despite speculation about rolling back the 50% discount. The government is balancing multiple pressures including inflation, housing affordability, and energy security, while avoiding certain contentious measures like a gas export tax. Shadow treasurer Tim Wilson faced scrutiny after misstating the cost of the Coalition's fuel reserve policy, later correcting the figure.
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analysisChalmers does little to stop capital gains tax debate as budget loomsBy Courtney GouldTopic:Budget16m ago16 minutes agoThu 30 Apr 2026 at 6:34amTreasurer Jim Chalmers has been out managing expectations ahead of the budget. (ABC News: Callum Flinn)abc.net.au/news/jim-chalmers-podcast-budget-capital-gains-tax-tim-wilson-housing/106612410Link copiedShareShare articleWelcome back to your weekly federal politics update, where Courtney Gould gets you up to speed on the happenings from Parliament House.If Jim Chalmers needed a reminder that he's running out of time to revamp the budget, the countdown clock quietly ticking on the treasury website is a sight for sore eyes.The treasurer has been pretty clear the budget he's handing down in two weeks isn't the one he dreamed up originally.
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