Good morning. The Greens say they will stall passage of the government’s “help-to-buy” housing scheme in an effort to force Labor to reduce tax breaks on investment properties. The treasurer, Jim Chalmers, yesterday said the government had no plans to change negative gearing. But the Greens say they will use their balance of power in the Senate to compel Labor into action on negative gearing and capital gains tax discounts, in exchange for their support in the Senate on help-to-buy. “Pressure works,” the party’s spokesperson said.
Meanwhile, Australia’s private job agencies have been forced to hand back $8.5m in government payments, Nato has decried Trump’s inciting of Russia to attack member nations, and UK politics may be about to see the return of Boris.