Australian Politics: Labor's Housing Policy & Capital Gains Tax Debate (2026)

Israeli President Isaac Herzog's upcoming visit to Australia is set to be a significant diplomatic event, with Deputy Prime Minister Richard Marles emphasizing the warm welcome he will receive. Marles' statement highlights the importance of the visit, suggesting a strong focus on fostering positive relations between the two nations.

In other federal politics news, the government's stance on capital gains tax discounts has been a topic of interest. Deputy Prime Minister Richard Marles has downplayed recent reports suggesting potential changes to these discounts in the upcoming federal budget. He emphasizes the government's commitment to clear and consistent housing policies, addressing the housing market's intergenerational challenges by focusing on increasing housing supply.

As the sitting week concludes, the political landscape remains dynamic. The possibility of the Liberals and Nationals reuniting the Coalition continues to be a topic of speculation, adding an element of uncertainty to the final day's events. The live blog aims to provide real-time updates on these developments, ensuring readers stay informed about the latest in federal politics.

Australian Politics: Labor's Housing Policy & Capital Gains Tax Debate (2026)
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