# Jim Chalmers defends his budget Page: https://stenobird.com/podcast/7am-529740/jim-chalmers-defends-his-budget Text version: https://stenobird.com/podcast/7am-529740/jim-chalmers-defends-his-budget.md Podcast: [7am](https://stenobird.com/podcast/7am-529740) Published: 2026-05-20T19:00:00+00:00 Episode link: https://omny.fm/shows/7am/jim-chalmers-defends-his-budget Audio file: https://p.podderapp.com/2544644999/traffic.omny.fm/d/clips/2fb3740d-3436-44af-8cc0-a91900716aa5/62723a1f-3e96-4fc4-882c-b25e0181da4d/f415f76c-023d-493a-bb08-b45000642dbb/audio.mp3?utm_source=Podcast&in_playlist=70f29d90-2a63-48aa-bf8f-b25e0181da70 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/7am-529740/episodes/jim-chalmers-defends-his-budget Duration seconds: 984 ## Resource For two decades, we’ve had a tax policy that pushed up house prices, gave landlords huge advantages, and ultimately created an intergenerational wealth divide.  A week ago, the government said it wanted to do something about that and announced changes to negative gearing and capital gains tax.  But the budget hasn’t gone down well – for some, it doesn’t go far enough to make a real difference to the housing market. For others, particularly in business, changes to capital gains go too far.  Today, Treasurer Jim Chalmers defends his budget.    If you enjoy  7am , the best way you can support us is by making a contribution at 7ampodcast.com.au/support .   Socials: Stay in touch with us on Instagram Guest: Treasurer Jim Chalmers Photo:  AAP Image/Lukas Coch See omnystudio.com/listener for privacy information. ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/7am-529740/episodes/jim-chalmers-defends-his-budget/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/7am-529740/jim-chalmers-defends-his-budget.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.