In a significant announcement, Deputy Prime Minister Richard Marles has expressed that Israeli President Isaac Herzog will receive a warm and esteemed welcome during his upcoming visit to Australia. This statement sets the stage for what promises to be an important diplomatic engagement.
Stay tuned as we bring you live updates on this developing story.
Key Highlights
3 Minutes Ago - February 4, 2026, at 8:16 PM
In a recent broadcast, Richard Marles responded to speculation regarding potential alterations to the capital gains tax discount. Sources within the government have indicated to ABC that the Labor party may consider raising taxes on capital gains from investment properties in an effort to tackle the growing disparities in the housing market.
Addressing these concerns in an interview with Sky News, Marles emphasized the government's commitment to enhancing housing supply, while also acknowledging the "intergenerational challenges" affecting the housing sector.
"Our policies regarding housing are transparent and remain unchanged," stated Marles firmly. He added, "We do recognize the intergenerational issues related to housing; however, our strategy focuses on increasing the construction of new homes across the nation." This approach aims to ensure that more Australians have access to affordable housing options.
12 Minutes Ago - February 4, 2026, at 8:06 PM
Greetings! đź‘‹
Welcome to our live blog covering federal politics. It's a pleasure to have you here with us!
I'm Joshua Boscaini, reaching out to you directly from Parliament House in Canberra, ready to keep you informed about all the pivotal political developments today.
As we approach the end of the sitting week, there's still uncertainty surrounding the potential reunion of the Liberals and Nationals within the Coalition. Meanwhile, the Deputy Prime Minister continues to downplay any rumor regarding changes to the capital gains tax discount, indicating a steady approach to current housing policies.
Let’s dive into today's agenda and see what unfolds!
