Albanese Probed on Whether Australia Now Has Highest CGT Rate Globally

Independent MP Dai Le also questioned whether MPs and their families had prior knowledge to Labor’s tax overhaul.
Albanese Probed on Whether Australia Now Has Highest CGT Rate Globally
Australia's Prime Minister Anthony Albanese (L) speaks as he stands with Treasurer Jim Chalmers during a press conference regarding budget changes in Sydney, Australia, on June 18, 2026. David Gray/AFP via Getty Images
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Opposition Leader Angus Taylor has probed Prime Minister Anthony Albanese on the scale of Labor’s CGT reforms.

“Can the prime minister name a single country that will have a higher tax rate on real capital gains than Australia?” Taylor asked during Question Time on June 22.

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Crystal-Rose Jones is a reporter based in Australia. She previously worked at News Corp for 16 years as a senior journalist and editor.