Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Disclaimer: The Parliamentary Library does not warrant or accept liability for the accuracy or usefulness of the transcripts. These are copied directly from the broadcaster's website.
Labor 'looking for ways to tighten up tax concessions': finance spokesman -

View in ParlViewView other Segments

The Opposition Leader, Bill Shorten, says Labor will soon announce more tax policies to address what he calls a two-class tax system.

Speculation is it might mean a crackdown on family trusts - something the Treasurer, Scott Morrison, says the tax office is already targetting through a special taskforce.

But Labor's finance spokesman Dr Jim Chalmers says Australia's tax system remains unfair and in need of change.