Australia’s Labor government has reached an agreement with the Greens party to pass crucial legislation concerning capital gains tax and negative gearing. Housing Minister Clare O'Neil confirmed the deal, which is essential for the government to implement its housing affordability policies. The specifics of the agreement weren’t immediately detailed, but it ensures the passage of measures aimed at modifying tax benefits for property investment. The Greens had previously expressed concerns about the initial proposals, seeking stronger commitments to address the housing crisis. This compromise allows Labor to move forward with its legislative agenda, while addressing some of the Greens’ key demands. The deal’s details are unfolding live as parliament debates the measures.