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?

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The 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.