Treasury Laws Amendment (Strengthening Accountability for Tax Adviser Misconduct and Other Measures) Bill 2026

Senator AYRES (New South Wales—Minister for Industry and Innovation and Minister for Science) (18:15): As you would know, Chair, and as Senator Smith would know, foreign investors generally don't get any CGT discount. The arrangements that go to and include the investment in new electricity generation that is required, which are dealt with in this legislation, are really about providing an appropriate transitional period for investments that have already been made.