Chalmers acknowledges Labor's budget hurts support amid CGT reform backlash
Treasurer Jim Chalmers acknowledged that Labor's 2026 federal budget has cost them political support amid backlash over proposed capital gains tax changes. Health Minister Mark Butler rejected speculation regarding his leadership ambitions, insisting the relationship between him and Prime Minister Anthony Albanese remains strong. The government claims the reforms will benefit 2.7 million small businesses across Australia.
Summary by OZbrief Editorial · SBS News – Australia · Source
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Published 19 Jun 2026, 01:42 UTC · Updated 19 Jun 2026, 01:50 UTC
Summary by OZbrief Editorial. Original report: SBS News – Australia. Editorial policy · Corrections
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