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Backbenchers happy with PM's tax process

말콤 턴불 연방총리
말콤 턴불 연방총리 Source: 말콤 턴불 연방총리

Coalition MPs have shown solidarity over the government's handling of the tax reform process, saying it won't be doing policy on the run.


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By Yang J. Joo, Clara Hwa Kim

Source: SBS



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Coalition MPs have shown solidarity over the government's handling of the tax reform process, saying it won't be doing policy on the run.


Coalition backbenchers are throwing their support behind the government's handling of the tax reform process after reports suggested some were getting antsy about the time it is taking.

 

Liberal Andrew Nikolic insists a strategic process is under way.

 

"The last thing we should be doing is trotting out a new announcement for every six hours of the media cycle," he told reporters in Canberra on Monday.

 

Colleague Ewen Jones agreed, saying policy can't be done "on the run" while Craig Kelly said reform was an "ongoing process".

 

Former prime minister John Howard weighed into the debate surrounding how property investors should be taxed over the weekend, saying the government needs to tread carefully when it comes to negative gearing.

 

Treasurer Scott Morrison insisted the government is being very careful.

 

"We are not going to rush to the crazy idea Labor have put up," he told Sydney's 2GB radio.

 

Labor has proposed limiting negative gearing to newly-built properties.

 

Reports have suggested the government is considering putting a $20,000 cap on the amount investors can offset against their tax liability from other incomes.

 

 


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