Treasurer Jim Chalmers has dismissed reports of a 'frosty' relationship with Prime Minister Anthony Albanese, instead framing their work as a choice between political convenience and doing the right thing for first home buyers and workers. The remarks came during a press conference where Chalmers doubled down on proposed changes to capital gains tax concessions and broader housing market reforms.
Rejecting what he described as a 'big partisan political campaign' against the reforms, Chalmers insisted the government anticipated opposition. 'Our job isn't just to take the easy political options,' he stated, positioning the policy battle as a necessary corrective to a 'broken' tax system and housing market.
The treasurer's defense follows weeks of speculation about internal friction within the Labor government. While neither leader has publicly confirmed any discord, the comments appear aimed at projecting unity ahead of a critical parliamentary debate on housing legislation.
Separately, two small earthquakes struck New South Wales early this morning, according to Geoscience Australia. A 3.4 magnitude quake near Orange was felt by at least 108 people, while a 3.2 magnitude event near Wilcannia was reported by two residents. No damage or injuries have been reported.
The government's housing package faces uncertain passage in the Senate, where crossbench and opposition MPs have demanded further concessions. Chalmers acknowledged the political headwinds but reiterated that 'getting the policy right' remains the priority.