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Sky News host Chris Kenny warns the Albanese government will be spending $40 million on a campaign to spruik its tax changes.

Finance Minister Katy Gallagher confirmed the figure on Wednesday and defended the spending.

“This will be highly political, it is completely unnecessary, it is an abuse of your tax dollars,” Mr Kenny said.

“The only excuse that Labor has, the only reason it won't get punished for this misuse of your dollars, is because they all do it.

“Whoever we elect, they all spend our money telling us how good they are, but only Labor spends as much and does it as blatantly as this.”