The Greens will support the Albanese government's negative gearing and capital gains tax changes under a deal that will delay and tweak Labor's planned overhaul of the national disability insurance scheme (NDIS).
Deal Clears Path for Budget Centrepiece
The minor party announced its position on Tuesday morning, clearing the path for Labor to pass its contentious budget centrepiece before federal parliament rises for the winter break.
Prime Minister Anthony Albanese said: “Most Australians have nothing to sell but their time, nothing to give but their hard work, and that’s how they earn an income. That’s how they put food on the table, and we want those people, those hard-working Australians, to have the opportunity to own their own home.”
Greens Call Reforms a 'Small Step'
Greens leader Larissa Waters said Labor’s reforms to the tax breaks “could have been so much better” but were nevertheless a “small step in the right direction”.
The deal involves delaying and modifying the NDIS changes, though specific details of the tweaks were not immediately disclosed.
