Aug 4, 2026 – 6.56pmTreasurer Jim Chalmers has sought to defuse the furore over his so-called widow tax by releasing the draft legislation on Tuesday night that makes good on his pledge to abolish it.The draft legislation also deals with other complexities and unintended consequences caused by his rush to pass the budget tax bills in June, including the imposition of a “death tax” by hitting deceased estates.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles