Australia drops veterans' health cap after backlash

The Australian government has abandoned a proposed $5,000 cap on allied health services for veterans, reversing a policy that had drawn weeks of criticism from opposition parties, veterans groups, and independent senator Jacqui Lambie. The reversal follows a sustained political campaign and marks a clear policy retreat, though the government's broader fiscal approach to veterans' services remains unchanged. This is a domestic political development with no direct market impact.