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'Pro-aspiration and pro-supply': PM defends tax changes at Labor conference

ABC Australia · May 23, 2026, 10:46 AM · Also reported by 4 other sources

Key takeaways

  • Anthony Albanese spoke at the Victorian Labor Party’s state conference in Melbourne.
  • The prime minister has used a speech to Labor loyalists to defend his controversial budget.
  • Anthony Albanese has been under pressure because of the changes to negative gearing and the capital gains tax (CGT) discount.

Why this matters: an international story with cross-border implications worth tracking.

Anthony Albanese spoke at the Victorian Labor Party’s state conference in Melbourne. (AAP Image: Jay Kogler)

The prime minister has used a speech to Labor loyalists to defend his controversial budget.

Anthony Albanese has been under pressure because of the changes to negative gearing and the capital gains tax (CGT) discount.

Article preview — originally published by ABC Australia. Full story at the source.
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