Episode
Labor’s budget promises fairness – does it deliver?
- Podcast
- 7am
- Published
- May 12, 2026
- Duration seconds
- 1031
- Processing state
not_requested
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Summary
It was a budget framed around fairness for workers and for young people locked out of the housing market. Treasurer Jim Chalmers’ fifth budget restricts negative gearing – though not for anyone who was already doing it – while also promising to increase housing supply and deliver a $250 tax cut for workers. Chalmers wants the budget to be seen as ambitious – but is it? Today, press gallery journalist Karen Middleton, on what the Treasurer is promising - and whether it delivers. 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: Press gallery journalist, Karen Middleton Photo: AAP Image/Lukas Coch See omnystudio.com/listener for privacy information.