Australian politics live: Marles defends Isaac Herzog visit and says he is ‘confident’ in security arrangements

Israeli president to arrive in Australia next week. Follow today’s news liveGet our breaking news email, free app or daily news podcastACTU calls for capital gains tax reformThere’s plenty of momentum for outside parliament for a change to the capital gains tax discount – including from the Australian Council of Trade Unions (ACTU).When John Howard brought in capital gains tax 26 years ago, the average wage of a worker, it would be six times more, to buy a house. Now, it’s nearly twice that, it’s 11.It’s 1%, like, 1% of the wealthiest Australians, the ones benefiting from this [CGT discount]. I think it’s not just us, it’s like across the community, people like [independent MP] Allegra Spender, everyone saying that this needs to change and clearly it does. I do think the Government is listening to that and we’re going to just keep pushing because it’s the right thing to do. Continue reading...