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Mike is joined by Robert Gottliebsen, Business Columnist for The Australian, to discuss his latest article on what he calls Jim Chalmers’ “Savers Tax” — a proposed policy that could hurt many Australians for years to come.
Gottliebsen describes the unrealised capital gains tax as one of the worst ever proposed, initially dubbing it “the grandmas and farmers superannuation tax.” He warns that, if re-elected, the Albanese government is likely to extend the tax beyond superannuation, impacting everyday savers.
While the tax has so far been blocked in the Senate, Gottliebsen notes it remains in the government’s 2025–26 budget estimates, highlighting Treasurer Jim Chalmers' determination to push it through.
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