Chris Spyrou

Yeah, well, I mean, contextually, this is something that Bill Shorten tried to bring to the 2019 election that did not work in his favour, negative gearing or changes to capital gains tax.

Apparently, Jim Chalmers wanted this for quite...

some time.

He has wanted this from quite some time, but Albo was quite firm, especially in the lead up to last year's election.

He was like, do not talk about this.

Do not bring it up.

This is something that, you know, with time we can introduce.

And that's what they've done here.

They've got two years until the next election.

So like you said, let's see if this is something that hurts him in the long run.

Yeah, don't go spending all of that at once.

Oh, you know, the

It's like a cup of coffee.

This is what we said last year with the budget.

It's a cup of coffee a week.

Waito.

Yeah, it's expected to cost federal coffers $6.4 billion in the first two years, with the $250 offset raising already announced tax relief for average workers to just over $2,800 a year by 2028.

Well, there you go.

That feels a bit better.

$54 back over, you know, $4.80.