Independent MP Allegra Spender has called for urgent tax reform to ease financial pressure on young Australians, following her participation in the government's economic roundtable. The Wentworth MP argued that the current tax system disproportionately burdens younger generations and requires a fundamental shift.
Speaking to chief political correspondent Tom McIlroy, Spender urged the Labor government to accelerate approvals for housing and clean energy projects. She said these measures would help address housing affordability and support the transition to renewable energy, both critical for young people's long-term prospects.
Spender also emphasised the need to responsibly embrace artificial intelligence, describing it as a 'freight train' that Australia cannot afford to ignore. She called for policies that harness AI's potential while mitigating risks to jobs and inequality.
The independent MP stressed that tax reform must be part of a broader strategy to boost investment and productivity. She warned that without change, young Australians will continue to face rising costs of living and limited economic opportunities.
