Australia news live: Pocock says falling house prices a ‘good thing for our country’; Labor expands solar discount to commercial buildings

Independent Senator David Pocock suggested that a housing correction would be advantageous for the country, stating that house prices have been rapidly increasing over the past two decades. He emphasized the importance of keeping house prices in check while wages rise, ensuring they remain affordable for families and communities in the future.

Pocock also commended the Labor party's expansion of the negative gearing discount to commercial buildings, deeming it a positive step for protecting widows and divorcees. Meanwhile, Victoria's newly appointed Premier, Ben Carroll, provided his maiden broadcast interview with ABC Radio Melbourne, addressing his involvement in the recent leadership spill.

He clarified that he did not have any role in the decision to replace Jacinta Allan as Premier, asserting that he only took the role after receiving strong support from his colleagues. Carroll also highlighted that artificial intelligence and data centers should not be left unchecked, emphasizing the need for worker protection and regulatory reform in these rapidly evolving industries.