Australia news live: Hume says Liberals would oppose any increase to capital gains tax; Taylor refuses to be drawn on new frontbench | Australia news


Hume says Liberals would oppose any increase to capital gains tax

Hume is asked about specifics of the Liberals’’ policies going forward, but isn’t offering much detail, saying she “won’t go into the intricacies of policies just after the change”.

However, there is one thing she can say for certain:

All Liberals know that the Liberal party should always be and must always be a party of lower taxes.

On the capital gains discount for property investment, Hume says the party will oppose any increase.

If you tax residential housing, there will be less of it. That would be a disaster. No-one has yet come out change to capital gains tax on residential housing will create more houses or provide more opportunities, rental houses those that are yet to purchase their first home. That would be a disaster.

Hume is asked about whether it might be a good idea to tax exports to increase revenue in order to provide services:

We are always open want to see taxes decreased. Energy is going to be a real important part of that conversation. Making sure we have energy abundance in increasing supply prices of energy.

Pressed on this, Hume deflects, saying she is not going to be “making policy on the run on Sunday morning, 48 hours after I’ve become deputy leader”.

Lower taxes are better than higher taxes. They’re better for all Australians. But energy abundance is what is going to bring energy prices down.

“Abundance” appears to be the key word here.

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Key events

On childcare, Hume says the party has yet to meet after the change in leadership, though she says she thinks its “pretty obvious that childcare is not working for Australians” due to the rising costs that is “becoming so out of reach for Australian.”

We want to make sure we have a system that sure families that want to return to the workplace and have their children cared for have that opportunity to do so but they should have a choice as to how they go about doing that.

Hume however says subsidies are not the answer, adding that she thinks “Australians deserve a choice”.

Because we want all Australians, particularly women, to have opportunity to participate fully the economy, participate fully society. And we also wants to make sure we have quality makes sure best start in life but necessarily mean there’s a one size fits all approach. It’s the way to deal with that.

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