# Labor’s budget promises fairness – does it deliver?

Page: https://stenobird.com/podcast/7am-529740/labor-s-budget-promises-fairness-does-it-deliver
Text version: https://stenobird.com/podcast/7am-529740/labor-s-budget-promises-fairness-does-it-deliver.md
Podcast: [7am](https://stenobird.com/podcast/7am-529740)
Published: 2026-05-12T19:00:00+00:00
Episode link: https://omny.fm/shows/7am/labor-s-budget-promises-fairness-does-it-deliver
Audio file: https://p.podderapp.com/2544644999/traffic.omny.fm/d/clips/2fb3740d-3436-44af-8cc0-a91900716aa5/62723a1f-3e96-4fc4-882c-b25e0181da4d/bfa2f95e-9268-4f5e-bf1b-b44800e6c50f/audio.mp3?utm_source=Podcast&in_playlist=70f29d90-2a63-48aa-bf8f-b25e0181da70
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Duration seconds: 1031

## Resource

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.

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## Transcript

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