Controversial tax changes will go straight to a contested parliamentary inquiry as Labor seeks to fast-track its reform agenda.
Treasurer Jim Chalmers stood firm against a growing number of calls for business exemptions as he introduced a landmark bill to parliament on Thursday that included changes to capital gains tax and negative gearing, as well as a $250-a-year rebate for workers.
"This is a bill for workers, for first home buyers and for future generations," he told the House of Representatives.
