Mr. Speaker, the verdict is in.
This is the worst Budget Australia has seen since Paul Keating's in 1993.
The promise that the Prime Minister gave that there will be no changes to negative gearing, no changes to capital gains tax - he ruled out changes in his own words for the 50th time.
Now, no Australian can trust another word that comes out of his mouth, Mr. Speaker.
Labor's mask is off.
This is a government that sees every Australian who gets ahead or wants to get ahead as someone to tax more.
A nation of wealth redistribution, not wealth creation, where opportunity is obliterated, not created.
Mr. Speaker, every Australian will be worse off because of this aspiration-killing Budget.
Higher taxes on housing, higher taxes on saving, on investment, on houses, on small businesses. Mr. Speaker, a death tax by stealth.
Now, this government is now talking about carve-outs for tech startups but not for small businesses, not for plumbers, not for hairdressers, not for other tradies, not for any other small business.
But that's what this government does, Mr. Speaker, pits Australians against Australians.
Young Australians against older Australians.
Well, I'll tell you what, Mr. Speaker, Australians don't want carve-outs, they want these taxes axed.
