The West Australian ·australia ·2 hours ago

Labor-Greens tax deal on negative gearing and CGT reforms sparks Coalition backlash

Labor's agreement with the Greens to reform negative gearing and capital gains tax has sparked backlash from the Coalition. Housing Minister Clare O'Neil praised the deal as a historic reform benefiting 13 million workers, while Opposition Leader Michaelia Cash accused Prime Minister Albanese of abandoning election promises. The legislation aims to ease the housing market for renters and potential homeowners.

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Summary by OZbrief Editorial · The West Australian · Source

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Published 23 Jun 2026, 21:19 UTC · Updated 23 Jun 2026, 21:20 UTC

Summary by OZbrief Editorial. Original report: The West Australian. Editorial policy · Corrections