Political wedges and a welfare shake-up

from Politics Now · host Australian Broadcasting Corporation

Labor may be considering expanding exemptions to its capital gains tax changes amid a backlash from small business — but while they are consulting widely looks like they won't cave "quickly".And the Opposition has unveiled a political wedge of its own, threatening to withhold crucial support for Labor's NDIS overhaul without an inquiry into CGT and negative gearing changes in exchange.Meanwhile, the Government has announced a major welfare shake-up, but new inflation figures and the return of more so-called ISIS brides could steal some of the spotlight.Patricia Karvelas and David Speers break it all down on Politics Now.Got a burning question?Got a burning political query? Send a short voice recording to PK and Fran for Question Time at [email protected] Business Daily dig deeper into the inflation figures here

What this episode covers

Labor may be considering expanding exemptions to its capital gains tax changes amid a backlash from small business — but while they are consulting widely looks like they won't cave "quickly". And the Opposition has unveiled a political wedge of its own, threatening to withhold crucial support for Labor's NDIS overhaul without an inquiry into CGT and negative gearing changes in exchange. Meanwhile, the Government has announced a major welfare shake-up, but new inflation figures and the return of more so-called ISIS brides could steal some of the spotlight. Patricia Karvelas and David Speers break it all down on Politics Now. Got a burning question? Got a burning political query? Send a short voice recording to PK and Fran for Question Time at [email protected] ABC Business Daily dig deeper into the inflation figures here

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Political wedges and a welfare shake-up

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This episode was published on May 27, 2026.

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