Labor may be considering expanding exemptions to its capital gains tax changes amid a backlash from small business — but while they are consulting widely looks like they won't cave "quickly".

And the Opposition has unveiled a political wedge of its own, threatening to withhold crucial support for Labor's NDIS overhaul without an inquiry into CGT and negative gearing changes in exchange.

Meanwhile, the Government has announced a major welfare shake-up, but new inflation figures and the return of more so-called ISIS brides could steal some of the spotlight.

Patricia Karvelas and David Speers break it all down on Politics Now.

Got a burning question?

Got a burning political query? Send a short voice recording to PK and Fran for Question Time at thepartyroom@abc.net.auABC Business Daily dig deeper into the inflation figures here