QUESTIONS WITHOUT NOTICE

Senator KOVACIC (New South Wales) (14:47): My question is to the Minister representing the Prime Minister, Senator Wong. CPA Australia has warned that Labor's capital gains tax changes could capture inherited assets and important family heirlooms including what is described as 'Grandma's jewellery box'. Can the minister guarantee that Australians will not be forced to obtain valuations for important family keepsakes, such as inherited jewellery, wedding rings of departed loved ones, watches and artwork before 1 July 2027.