{"id":507996,"date":"2026-06-23T23:53:09","date_gmt":"2026-06-23T23:53:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/507996\/"},"modified":"2026-06-23T23:53:09","modified_gmt":"2026-06-23T23:53:09","slug":"federal-politics-live-minister-says-australian-housing-market-is-experiencing-a-correction","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/507996\/","title":{"rendered":"Federal politics live: Minister says Australian housing market is experiencing a &#8216;correction&#8217;"},"content":{"rendered":"<p class=\"paragraph_paragraph___QITb\">It seems unlikely the government is going to take the Coalition up on their offer to help pass the NDIS bill this fortnight.<\/p>\n<p class=\"paragraph_paragraph___QITb\">The government has already promised to extend the inquiry into the laws in exchange for getting the Greens on board to pass their tax changes.<\/p>\n<p class=\"paragraph_paragraph___QITb\">A government source says they&#8217;ll be sticking with their original plan to extend the inquiry, rather than working with the opposition before parliament rises next week for a five week break.<\/p>\n<p class=\"paragraph_paragraph___QITb\">They could technically back track on the Greens deal after the tax changes are passed, which we expect to happen tomorrow.<\/p>\n<p class=\"paragraph_paragraph___QITb\">But that would not bode well for trust between the two parties, and trust is a valuable commodity in the Senate where the government needs support from outside its own ranks to pass legislation.<\/p>\n<p class=\"paragraph_paragraph___QITb\">On the other hand, Labor has repeatedly warned delaying these changes would come at a big cost to the economy.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Yesterday, NDIS Minister Mark Butler said the delay the government has already committed to, until August, would cost &#8220;a few hundred million&#8221; dollars.<\/p>\n","protected":false},"excerpt":{"rendered":"It seems unlikely the government is going to take the Coalition up on their offer to help pass&hellip;\n","protected":false},"author":2,"featured_media":507997,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[159167,33147,114,184,126901,84795,85,46,1569,238],"class_list":["post-507996","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-angus-taylor","tag-anthony-albanese","tag-business","tag-economy","tag-federal-parliament","tag-federal-politics","tag-il","tag-israel","tag-live-blog","tag-politics"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/507996","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=507996"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/507996\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/507997"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=507996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=507996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=507996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}