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Chalmers on the Defensive in Face of Budget Backlash

Treasury’s broadened capital gains tax plan could lift effective rates to 47% for some firms, prompting open letters from more than 40 owners.

Summary by The West Australian
The Treasurer has again been forced to defend contentious, promise-breaking Budget as he hits out at ‘scare campaign’.

3 Articles

The Saturday PaperThe Saturday Paper
Lean Left

News Corp’s budget stitch-up

Labor’s budget has been met with the fiercest negative media campaign since Julia Gillard’s carbon tax, but the party is no longer scared of News Corp.

Read Full Article
The West AustralianThe West Australian
Lean Right

Chalmers on the defensive in face of Budget backlash

The Treasurer has again been forced to defend contentious, promise-breaking Budget as he hits out at ‘scare campaign’.

·Australia
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Australian Financial ReviewAustralian Financial Review
Lean Right

Chalmers’ ‘responsible’ budget has $265b of deficits our kids will inherit

Deficits do matter because the higher government spending and rising debt in good economic times reduces the government’s flexibility to respond to future emergencies.

·Sydney, Australia
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Bias Distribution

  • 67% of the sources lean Right
67% Right

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Australian Financial Review broke the news in Sydney, Australia on Wednesday, May 20, 2026.
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