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  • 6 months ago
The Prime Minister is playing down expectations of tax changes in this term of government ahead of a key economic summit later this month. Anthony Albanese says the government is sticking to its election mandate, despite growing calls for reform.

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00:00Checking in at an urgent care clinic, the Prime Minister came armed with a prescription.
00:12Healthy government means sticking to what was promised.
00:16People can put forward whatever idea they want. Government policies decided around a Cabinet table.
00:23As the Treasurer prepares to host his economic roundtable, there's no shortage of ideas being put forward,
00:29especially when it comes to tax. Among the hundreds of submissions, calls to cut company tax, lift the GST.
00:37I think we need to put everything on the table and the GST is a big part of our tax picture.
00:44And curb negative gearing and capital gains tax discounts.
00:48We're bringing this in as a top priority into the Treasurer's economic reform roundtable
00:53because we do believe that there is a growing understanding that for all of us,
00:58we have to get on top of this housing crisis.
01:02Confronted with a sluggish economy and a structural deficit, Jim Chalmers is open to solutions.
01:08I don't want to get in the habit of knocking off ideas before we get in the room.
01:14His leader is sounding more cautious.
01:17The only tax policy that we're implementing is the one that we took to the election.
01:24The opposition diagnosing division.
01:27It's very clear that the Treasurer, Jim Chalmers, has got ahead of himself and the Prime Minister has pulled the reins and brought him back to where he wants him to be.
01:35The difference in language points to tension between the Prime Minister and Treasurer over the expectations for this month's economic roundtable.
01:43The government has indicated any big ideas it produces would likely be taken to the next election.
01:49But for now, Anthony Albanese is keeping the ambitions of his colleagues and caucus in check.
01:56The dislike, the
02:03azaure over the
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