Bill Kelty’s tax reform comments cast a harsh light on Labor’s lack of ambition

The Labor heavyweight and union legend says young Australians increasingly feel economic policy is rigged against them. But will Jim Chalmers step up?Get our breaking news email, free app or daily news podcastThe first day of the Greens’ parliamentary inquiry into the capital gains tax was dominated by a bloke in his late 70s imploring parliamentarians to show “unequivocally that they’re on the side of young people”.Not just any bloke, of course, but Bill Kelty: union legend, co-architect of the economic reforms of the 1980s and 90s, former Reserve Bank board member, and self-proclaimed rich guy. Continue reading…