Federal election 2025: Jim Chalmers and Angus Taylor go head-to-head in treasurer debate; Trump’s 104 per cent tariffs hit Chinese imports

Loading

Taylor says a Labor and Greens government would be “extremely dangerous” while Chalmers has reaffirmed the government is aiming for a majority government and ruled out a formal coalition with the minor party.

“[Adam Bandt] wants to do probably what Jim wants to do,” Taylor says. “He wants to get rid of negative gearing…get capital gains tax on the family home.

“He wants to tax people’s unrealised capital gains, which, of course, is exactly what Jim is doing.”

That’s a reference to Labor’s stalled plans to change tax rules for superannuation accounts with over $3 million in them.

In response, Chalmers refuses to label the Greens as “dangerous” but rules out following the Gillard path of governing with the party.

“First of all, we’re not entering into a coalition with the Greens,” he said. “We seek to govern in a majority. The Australian people [have] the ability to elect a majority Labor government under Anthony Albanese…If people want the reliability that comes from a majority Labor government, they can vote for it.”