"Absolute war on aspiration"; Angus Taylor slams Labor over housing budget taxes | 9 News Australia

Shadow Treasurer Angus Taylor joins Channel 9 to address his unparliamentary language during a fiery federal Question Time, while launching a scathing attack on the Albanese government’s new economic policies. Tensions reached a boiling point in Canberra after Taylor was forced to withdraw an offensive remark, having labeled Prime Minister Anthony Albanese an "arrogant prick" during a heated parliamentary dispute. Speaking live from Melbourne, the Shadow Treasurer remained unapologetic about the underlying frustration behind the outburst. Angus Taylor told hosts Karl Stefanovic and Sarah Abo that his language reflects the growing anger shared by small business owners, farmers, and everyday families across the nation. Taylor stated that regional communities are facing severe cost-of-living pressures and accuse the current administration of launching an "absolute war on aspiration" for hard-working Australians. The interview shifted to critical modeling inside the new budget papers. New data reveals that changes to negative gearing and capital gains tax (CGT) could spike average Australian rental costs by up to $477 a year by the end of the decade. Taylor highlighted that even Treasury Secretary Jenny Wilkinson conceded that these contentious reforms risk drastically reducing the broader supply of new housing construction. Defending the Coalition's alternative fiscal path, Taylor criticized the government's multi-billion-dollar investments into net-zero initiatives and green hydrogen projects, branding them as "wasteful spending" and "corporate welfare" for multinationals. He argued that the budget represents a desperate "tax grab" because the federal government has completely run out of money, further locking young Australians out of the property market. Get the latest federal political coverage and hard-hitting interviews by liking this video, subscribing to 9News Australia, and hitting the notification bell. | *Subscribe and 🔔: http://9Soci.al/KM6e50GjSK9* *Get more breaking news at 9News.com.au: http://9Soci.al/iyCO50GjSK6* FOLLOW 9News Australia ► Facebook: https://www.facebook.com/9News/ ► Twitter: https://twitter.com/9NewsAUS ► Instagram: https://www.instagram.com/9news/ Join 9News for the latest in news and events that affect you in your local city, as well as news from across Australia and the world. #9News #BreakingNews #NineNewsAustralia #9NewsAU