“Australia News Live: Qantas Engineers Strike Threatens Flight Disruptions; Record High $1M Median Suburbs” 2024-09-25

**Australia News Live: as ; $1 ** An alliance of unions has initiated two weeks of action at Melbourne Airport this morning, raising concerns about potential flight disruptions. Good morning, and welcome to our live news blog. I’m , here to highlight some of the key stories from overnight before takes over. In political news, some Labor MPs are advocating for the government to consider reforms to negative gearing. Several members of the caucus have expressed their openness to exploring fresh and more ambitious solutions to the ongoing housing crisis. The discussion around the potential reform of negative gearing has resurfaced recently, particularly in light of the standoff over the government’s housing bills. This comes as a new report reveals that the number of Australian suburbs with a median home value of $1 million or more has reached an all-time high. Stay tuned for more updates throughout the day.

Australian housing crisis reforms Australian suburbs million dollar homes housing bills Australia 2024 Labor caucus members housing reforms Labor MPs housing policy median home value suburbs Australia Melbourne airport flight disruptions negative gearing debate Australia Qantas engineers strike news union action Melbourne airport

Question 1: What is the current situation at Melbourne airport regarding Qantas engineers?

Answer: An alliance of unions has begun two weeks of action at Melbourne airport, which poses a threat of flight disruptions due to the strike by Qantas engineers.

Question 2: What are some Labor MPs suggesting in response to the housing crisis?

Answer: Some Labor MPs are suggesting that the government should consider reforms to negative gearing, indicating they are open to fresh and bolder responses to address the housing crisis.

Question 3: What recent data has been reported regarding Australian suburbs and home values?

Answer: A report has shown that there are more Australian suburbs than ever with a median home value of $1 million or more, highlighting the ongoing housing affordability issues.

Question 4: How has the debate over negative gearing been reignited?

Answer: The debate over negative gearing has been reignited amid the standoff over the government’s housing bills, with some Labor MPs revisiting the idea after it was previously rejected by voters in the 2019 election.

“Albanese Rules Out Negative Gearing Reforms Ahead of Next Election Amid Housing Crisis”