{"id":42450,"date":"2025-08-04T09:00:09","date_gmt":"2025-08-04T09:00:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/42450\/"},"modified":"2025-08-04T09:00:09","modified_gmt":"2025-08-04T09:00:09","slug":"actu-pushes-right-policy-buttons","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/42450\/","title":{"rendered":"ACTU pushes right policy buttons"},"content":{"rendered":"<p>The ACTU has used its submission to the federal government\u2019s upcoming economic roundtable to <a href=\"https:\/\/www.theage.com.au\/politics\/federal\/millionaires-property-investor-taxes-in-unions-sights-20250801-p5mjnt.html\" rel=\"nofollow noopener\" target=\"_blank\">call for<\/a> negative gearing and the 50% capital gains tax (CGT) concession to be restricted to a single property.<\/p>\n<p>The ACTU also wants a 25% \u201cenergy levy\u201d to be imposed on LNG exports, for millionaires and family trusts to pay at least 25% of their income in tax, and for a $20 million cap to be set for businesses that claim fuel tax credits.<\/p>\n<p>Last month, the Australian Taxation Office revealed that 91 people in the 2022-23 financial year had income of more than $1 million but paid no tax.<\/p>\n","protected":false},"excerpt":{"rendered":"The ACTU has used its submission to the federal government\u2019s upcoming economic roundtable to call for negative gearing&hellip;\n","protected":false},"author":2,"featured_media":42451,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-42450","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/42450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=42450"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/42450\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/42451"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=42450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=42450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=42450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}