He dropped hint which Aussies will be taxed moreTreasurer Jim Chalmers has hinted that wealthier and older Australians could face higher taxes in the next Budget. Chalmers was asked by Peter FitzSimons about what Australians should expect when he hands down his fifth budget on May 12. Chalmers used the reference to drop his biggest hint that the next Budget would benefit young Australians and those on a low income. Chalmers said reforms across housing, tax and superannuation had begun to rebalance the system, but indicated the government sees scope to go further. With the federal Budget looming, Chalmers' comments are being read in Canberra as a clear signal to those who benefit most from generous tax concessions.
