00:02The political disruptors are circling. On the right, stop, labour, lie, lie, liar.
00:09And in the centre, challenging Australia's two-party system.
00:12This, I hope, marks a new era of Australian politics.
00:16Two teals teaming up to form a new political party, Community Strong Australia.
00:21Shared values, but no formal leader or firm policy positions.
00:26People tell me that they feel politically homeless right now.
00:29New electoral laws also a factor.
00:31From January, spending by individual candidates will be capped at $800,000 a year,
00:37while political parties can spend up to $90 million a year nationally.
00:41The donation reform laws, sure, they embed an advantage for the major parties.
00:46The new start-up is modest, with the bulk of TLMPs staying clear
00:50to preserve their central offering to voters, independence.
00:54In any case, the government isn't doing deals with disparate crossbenchers in this parliament,
00:59the numbers it needs are being found in a one-stop shop with the Greens,
01:03and to great effect with its budget tax changes.
01:06Our legislation has just passed the Senate.
01:10New limits on negative gearing, a reworked capital gains tax discount,
01:15and a $250 a year income tax cut from 2028.
01:19Every single Labor member will be proud to vote for this legislation.
01:24Having made a number of concessions, Labor was forced to make one more,
01:29ensuring existing assets remain exempt from the tax changes if they change hands through death or divorce.
01:36How many more humiliating backdowns will it take for the Treasurer to admit his budget is a failure?
01:43This tax reform bill is a win for workers, it's a win for first home buyers, it's a win for
01:50future generations.
01:51And it's now passed Parliament.
01:54And it's now passed Parliament.
01:55See you quickly.
01:55You're also looking forward to seeing all the donations ofье.
01:55What's the point of what you do is including becoming a physicist who's a freshman.
01:56I'm looking forward to seeing all the donations of the students who are faced with you.
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