Labor reaches deal with the Greens to pass changes to capital gains tax and negative gearing reforms
The Australian Labor government has secured a deal with the Greens to pass property tax reforms, including changes to capital gains tax and negative gearing. In exchange, the government agreed to delay and amend proposed changes to the National Disability Insurance Scheme (NDIS).
Why it matters
The deal allows the government to pass key budget legislation while navigating complex negotiations with minor parties over sensitive social policies.
Labor’s contentious property tax reforms are set to pass the Senate after a deal was reached with the Greens. Photograph: Dean Lewins/AAP View image in fullscreen Labor’s contentious property tax reforms are set to pass the Senate after a deal was reached with the Greens. Photograph: Dean Lewins/AAP Australian politics Labor reaches deal with the Greens to pass changes to capital gains tax and negative gearing reforms Minor party says it has also negotiated an extension to the inquiry into controversial changes to the NDIS
The article outlines the political trade-offs made by both parties without favoring one side's agenda.
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