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

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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 immigration, and in a hint of the future direction of the Coalition, Hume says that immigration policy is “out of control” and there is a mismatch between values.

A reset on immigration is profoundly important. We want to see a lower number people come to our country but raise the standards. What that looks like, I won’t get into the details today.

All Australians know if you here, coming to Australia, living Australia is one of the greatest gifts that could ever be given anybody which is why we want to make sure the people our beliefs, share the rule of law and for democracy.

And i you don’t the door should be shut.

This appears to rhyme with the broader messaging of Angus Taylor on Sky News earlier who emphasised culture war issues by demanding the prime minister condemn use of the phrase “globalise the intifada” when asked about his party’s policy issues.

Hume does suggest that any citizenship test need to ensure new Australians subscribe to “core beliefs, to those freedoms, personal responsibility”.



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