Australia News

Taylor Vows to Block Labor’s Negative Gearing and CGT Changes

We’re going to fight, even if it gets through the parliament. We’re going to make life hell for this government,' said the Angus Taylor.
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Taylor Vows to Block Labor’s Negative Gearing and CGT Changes
Leader of the Opposition Angus Taylor looks on during Question Time at Parliament House in Canberra, Australia, on May 12, 2026. Hilary Wardhaugh/Getty Images
Monica O’Shea
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Opposition Leader Angus Taylor has vowed to scrap Labor’s property tax reforms, including changes to negative gearing and capital gains tax (CGT), if the Coalition wins the next election.

“If it gets through the parliament, and as I say, we’re going to do everything we can to stop it. Of course, we'll do what is necessary to get rid of these taxes, absolutely,” Taylor said on the Sunrise program on May 14.
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Monica O’Shea
Monica O’Shea
Author
Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]