Watch FIFA World Cup 2026™

LIVE, FREE and EXCLUSIVE

Albo dodges wealth tax on rich Aussies

Labor frontbencher Anthony Albanese says there should be Australian solutions to the issue of rising inequality.

As federal Labor embarks on a campaign to address the issue of rising inequality, frontbencher Anthony Albanese isn't about to be drawn into the question of a wealth tax.

"Nice try, nice try," he told Sky News on Sunday when asked whether the opposition was considering going down the French path.

"What I've said before is Australian solutions for Australian conditions."

Mr Albanese cited as examples Labor's announcements about trusts, limiting deductions for expert advice on tax minimisation and tightening rules on property investors.

"Someone's got to lead in this country, because the other mob are too busy fighting each other," he said.


1 min read

Published

Source: AAP


Share this with family and friends


Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world