# Australian Labor Party

Type: organization

Source: Legal & RegTech Intelligence Brief — https://getlegalbrief.com/entity/australian-labor-party
Canonical HTML page: https://getlegalbrief.com/entity/australian-labor-party

## Timeline

- **2026-07-07**: Expected passage through Senate — Bill expected to become law within two weeks of the deal, by early July 2026.
- **2026-06-23**: Deal announced between Labor and Greens — Agreement reached to pass contentious tax overhaul, including CGT changes, negative gearing abolition, and SMSF LRBA ban, with a carve-out for startups and NDIS inquiry extension.

## Recent coverage (2 stories)

### Tax Overhaul to Scrap 50% CGT Discount, Ban SMSF Property Borrowing
2026-06-28 11:23:09 · Sentiment: Bearish · Impact: 7/10 · Sources: 8

The deal between Labor and the Greens introduces sweeping changes to Australian tax law, including the end of the 50% CGT discount and negative gearing for established properties, with significant implications for SMSFs and property investors. The amendments close a key super borrowing loophole and extend an NDIS inquiry, reshaping the regulatory landscape.
Full story: https://getlegalbrief.com/story/legal-tax-overhaul-greens-deal

### Australia Grants $2B Rio Tinto Bailout Citing National Sovereignty
2026-03-24 22:17:35 · Sentiment: Neutral · Impact: 8/10 · Sources: 2

The Australian Labor government has announced a $2 billion financial intervention for mining giant Rio Tinto, framing the move as a necessity for national sovereignty. This significant shift in regulatory policy signals a more interventionist approach to protecting critical industrial infrastructure amid global supply chain volatility.
Full story: https://getlegalbrief.com/story/rio-tinto-2b-bailout-national-sovereignty-labor

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