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News live: Australia joins sanctions against ‘extremist settlers’ in West Bank; fuel excise cut still set to expire at end of June | Australia news

Australia joins sanctions against ‘extremist settlers’

Australia has joined the UK and other western allies in introducing sanctions against “extremist settlers” accountable for the “horrific levels of settler violence against Palestinian civilians”.

The announcement was made overnight by the Department of Foreign Affairs and Trade and will see sanctions imposed on six firms and one individual involved in enabling and financing the recent upsurge in settler violence in the West Bank.

A statement released by Dfat said:

double quotation markIn response to the deteriorating situation in the West Bank, we the Foreign Ministers of Australia, Canada, France, Norway and the United Kingdom, have taken coordinated action to introduce sanctions and other measures to hold extremist settlers accountable for the horrific levels of settler violence against Palestinian civilians.

Extremist violent settlers, with the backing of their supporters, continue to attack Palestinians and abuse their human rights. They use violence to displace Palestinians, destroy property and perpetuate the illegal settlement enterprise, undermining the viability of the State of Palestine and the prospects for peaceful coexistence.

For too long, violent settlers have been able to act with near impunity, and settlement expansion and creation of outposts continue with the support and facilitation of the Government of Israel. In some cases, settler violence takes place under the protection of Israel’s security forces. We continue to urge the Government of Israel to take action to ensure meaningful accountability for violence in the West Bank. The Government of Israel should ensure every attack is swiftly and thoroughly investigated, take action against the outposts and organisations that allow violence to flourish, and stop the incitement of violence.

We believe that peace and security for both Israelis and Palestinians can only be achieved through the implementation of the two-state solution. Together, we will continue to work towards this goal.

We Australia, Canada, France, Norway, and the United Kingdom have all taken the historic decision to recognise the State of Palestine, reflecting the rights of the Palestinian people and as part of our common efforts to protect the viability of the two-state solution. Today, we are acting together again in support of the same objectives.

We stand ready to take more action if the Government of Israel does not take urgent steps to address the situation on the ground.

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Key events

‘Tax reform’s hard’, Albanese says

Albanese was asked if he’s been surprised by any backlash to the changes to the capital gains tax discount and negative gearing.

“Tax reform’s hard … We’re working through these issues,” the prime minister said, pointing to efforts to support first home buyers. “The changes that we’ve made are modest.”

He went on to note the changes include grandfathering provisions that won’t hurt those already with negatively geared assets.

Albanese maintained that Treasury forecasts on house prices don’t show falls, but rather a much smaller increase over time rather than large gains.

double quotation markIt is certainly the case that since the changes were made in 1999, house prices have increased by 400%. That’s more than double the increase in incomes, and that’s what leads and explains the gap that’s there in affordability.

What we’ve done is thrown everything at supply … But we need to do more. Which is why these changes are aimed at boosting supply as well as giving first home buyers a fair crack.

Anthony Albanese. Photograph: Lukas Coch/AAP
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