Live: Rush to pass CGT, negative gearing overhaul 'farcical': Pocock

Independent senator David Pocock has labelled the government's rush to legislate its tax overhaul "farcical".

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Tue 23 Jun 2026 at 7:01am

Tue 23 Jun 2026 at 7:01am

An early finish for MPs today

By Nicholas McElroy

Australia's parliament will finish early today so politicians can attend the official opening of a hall that is part of the controversial $550 million extension to the Australian War Memorial (AWM).

The official opening of ANZAC Hall, led by an address by Prime Minister Anthony Albanese, is the latest in several staged openings as part of the extension.

The event is also expected to be attended by Ben Roberts-Smith after his bail conditions over alleged war crime charges were varied in a Sydney court last week.

Parliament's chambers typically adjourn to mark visits by high-level international visitors or to honour the deaths of distinguished figures. In most cases, adjournment must be agreed to by the chamber.

But Albanese is expected to tell the event that parliament finished at 5.30pm instead of 8pm so MPs could attend the opening.

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Tue 23 Jun 2026 at 6:58am

Tue 23 Jun 2026 at 6:58am

Rush to pass tax overhaul 'farcical', Pocock says

By Pablo Viñales

An independent senator has labelled the government's rush to legislate its tax overhaul "farcical".

The government is negotiating with the Greens as it seeks support for the bill to wind back the capital gains tax discount and negative gearing.

After a snap two day inquiry into the changes last week, the prime minister announced carve-outs for small businesses and start ups.

But David Pocock, who was on the inquiry, says there are other issues in the bill that requires scrunity.

"It's farcical to think that you can look at a bill this size and actually get it right in two days," he told ABC's AM.

"The Senate is the house of review and I think we should be doing our jobs.

"We have get it right when it comes to start-ups and capital going into them, and how we actually keep start-ups here in Australia as they grow."

Tue 23 Jun 2026 at 6:51am

Tue 23 Jun 2026 at 6:51am

Good morning 👋

By Courtney Gould

Hi friends, welcome to our politics live blog. I'm Courtney Gould from the ABC's Parliament House team, here to guide you through the day.

The government is inching closer to passing its overhaul to the capital gains tax discount and negative gearing. But as negotiations with the Greens continue, the minor party is reportedly calling for more changes to be made. It comes as David Pocock calls the rush to legislate "farcical".

Elsewhere, expect to see more about the government's response to bird flu after a second bird tested positive to the deadly H5 strain of the virus.

It's a very, very cold day here in Canberra. So grab a cuppa and let's dive right in.