Australia news live: Victorian police commissioner quits after no-confidence vote; Sydney faces more train disruption

Chief commissioner Shane Patton leaving the role ‘effective immediately’. Follow today’s news headlines liveO’Neil says government won’t touch capital gains tax or negative gearing in lead up to electionClare O’Neil was also asked why the government doesn’t do something more significant in the housing space – for example, addressing the capital gains tax or negative gearing?The reason we have got a housing crisis in our country is because really for 30 or 40 years, we have not been building enough homes in Australia. And so almost everything the Australian government is doing is making sure that we provide more housing for Australians and then give Australians the opportunity to buy into those homes. So that’s why this is just one piece of this really, really broad agenda for housing. Continue reading...

Australia news live: Victorian police commissioner quits after no-confidence vote; Sydney faces more train disruption

Chief commissioner Shane Patton leaving the role ‘effective immediately’. Follow today’s news headlines live

O’Neil says government won’t touch capital gains tax or negative gearing in lead up to election

Clare O’Neil was also asked why the government doesn’t do something more significant in the housing space – for example, addressing the capital gains tax or negative gearing?

The reason we have got a housing crisis in our country is because really for 30 or 40 years, we have not been building enough homes in Australia. And so almost everything the Australian government is doing is making sure that we provide more housing for Australians and then give Australians the opportunity to buy into those homes. So that’s why this is just one piece of this really, really broad agenda for housing. Continue reading...