Australia politics live: Labor and Coalition finalise deals on gambling reform and closing ‘widow tax’ negative gearing loophole

The Guardian reports that Australia's Labor government and opposition Coalition have reached agreement on major gambling advertising reforms. The new system will allow people to opt out of gambling ads through a register, with the gambling industry bearing the costs. Treasurer Jim Chalmers called the deal 'very substantial,' noting it will ease both opt-out and regulator enforcement against inducements. The agreement also closes the 'widow tax' negative gearing loophole. The reforms come amid broader concerns about implementation of aged care changes, with officials warning that similar issues could affect disability support programs if not carefully managed.

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