Labor secured a deal with the Greens this week to pass reforms to the capital gains tax discount and negative gearing. Greens leader Larissa Waters acknowledged the agreement was the best achievable, despite the party failing to secure more ambitious measures like removing grandfathering or capping the number of negatively geared properties.
Waters on the Negotiations
Speaking to political editor Tom McIlroy on the Australian Politics podcast, Waters explained the Greens' position. She noted that while the deal was not everything they wanted, it represented progress. The party pushed for stricter limits but ultimately accepted the compromise to ensure some reforms passed.
Opposition to NDIS Cuts
Waters confirmed the Greens will vote against the government's proposed cuts to National Disability Insurance Scheme (NDIS) spending. She argued that reducing NDIS funding would harm vulnerable Australians and undermine the scheme's purpose. The Greens plan to advocate for alternative savings measures.
Countering One Nation Support
The Queensland senator also addressed the party's strategy to stem rising support for One Nation. Waters emphasized the Greens' commitment to progressive policies and grassroots campaigning to win back voters disillusioned with mainstream politics. She highlighted the importance of engaging with communities on issues like housing affordability and climate action.
The Australian Politics podcast is available on Apple Podcasts and Spotify. For more details, see the full article on Labor's tax deal and its potential impact on NDIS changes.
