Pauline Hanson reveals plan to reverse Labor’s tax changes and declares: ‘Australians should be able to work hard, invest and get ahead’

Pauline Hanson says One Nation would reverse Labor’s changes to capital gains and trust taxation, arguing they undermine housing access and discourage Australians from investing. The proposal sets the party against both the government’s tax measures and what Hanson describes as Liberal protection for wealthy property owners.

One Nation would restore the full 50 per cent capital gains tax discount, scrap a proposed 30 per cent minimum tax on trusts and retain negative gearing for people with up to two investment properties. Hanson also claims more than 1,100 households using Labor’s expanded five per cent deposit scheme are estimated to owe more than their homes are worth. These claims and policy proposals are attributed to Hanson in the article.