MPs return to Canberra for two weeks of haggling over tax and NDIS reforms before the winter break. Follow today’s news live
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Greens mull offer on NDIS and property tax from Labor
There are two very big pieces of legislation right now that the government wants to get through: its changes to negative gearing and capital gains tax, that it wants the Greens to pass, and reforms to the NDIS which it needs the Coalition’s support for.
We take these issues on their merits, Mel [Clarke], and we’ll have a chance to talk about how these tax reforms we don’t think are actually going to fix the housing crisis. They could have, they could have been designed to do so.
We are doing everything we can to try to stop this cruel NDIS bill that will see more than 340,000 people left without the ability to have a shower or even leave the house in some cases. So we are having those discussions, but we are using everything we’ve got to make sure that these cuts actually are stopped completely, but at the very least inquired into even further. We saw through the inquiry last week the scale of the depravity of these cuts and the real human impacts that they would have.
Allowing young Australians, in particular, to get into the housing market for the first time, was the central focus of our budget, and that’s why we put forward those changes around both negative gearing and capital gains tax.
We’re not surprised to see some level of cooling in auction markets. And if that makes it more possible for Australians to get into the housing market for the first time, that’s a good thing.
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