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

For two decades, we&rsquo;ve had a tax policy that pushed up house prices, gave landlords huge advantages, and ultimately created an intergenerational wealth divide.&nbsp;
A week ago, the government said it wanted to do something about that and announced changes to negative gearing and capital gains tax.&nbsp;
But the budget hasn&rsquo;t gone down well &ndash; for some, it doesn&rsquo;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.&nbsp;
Today, Treasurer Jim Chalmers defends his budget.&nbsp;
&nbsp;
If you enjoy&nbsp;7am, the best way you can support us is by making a contribution at <a href="http://7ampodcast.com.au/support">7ampodcast.com.au/support</a>.
&nbsp;
Socials: Stay in touch with us on <a href="http://www.instagram.com/7ampodcast">Instagram</a>
Guest: Treasurer Jim Chalmers
Photo:&nbsp;AAP Image/Lukas Coch

An independent daily news show. We feature the country’s best reporters, covering the news as it affects Australia. This is news with narrative, every weekday.

An independent daily news show. We feature the country&rsquo;s best reporters, covering the news as it affects Australia. This is news with narrative, every weekday.

Jim Chalmers defends his budget

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/f415f76c-023d-493a-bb08-b45000642dbb/transcript

Australia is again being forced to reckon with the violence being inflicted on women and children. 

The PM is adamant a royal commission isn’t the answer, dismissing the idea in an interview that’s gone viral. But his sudden disdain for royal commissions is out of step with what thousands of Australians want to see in response to the scourge of domestic violence. 

After another devastating week, thousands of people from all walks of life have backed calls for a royal commission into the killing of women and children at the hands of an intimate partner or someone they know.

Today, Social Services Minister Tanya Plibersek, on the pressure for a national reckoning, the limits of government response, and the growing concern about how violence is shaping the lives of young people. 

 

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: Social Services Minister, Tanya Plibersek

Photo: AAP Image/Lukas Coch

Australia is again being forced to reckon with the violence being inflicted on women and children.&nbsp;
The PM is adamant a royal commission isn&rsquo;t the answer, dismissing the idea in an interview that&rsquo;s gone viral. But his sudden disdain for royal commissions is out of step with what thousands of Australians want to see in response to the scourge of domestic violence.&nbsp;
After another devastating week, thousands of people from all walks of life have backed calls for a royal commission into the killing of women and children at the hands of an intimate partner or someone they know.
Today, Social Services Minister Tanya Plibersek, on the pressure for a national reckoning, the limits of government response, and the growing concern about how violence is shaping the lives of young people.&nbsp;
&nbsp;
If you enjoy 7am, the best way you can support us is by making a contribution at <a href="http://7ampodcast.com.au/support">7ampodcast.com.au/support</a>.
&nbsp;
Socials: Stay in touch with us on <a href="http://www.instagram.com/7ampodcast">Instagram</a>
Guest: Social Services Minister, Tanya Plibersek
Photo:&nbsp;AAP Image/Lukas Coch

Tanya Plibersek on the PM’s viral DV comments and calls for a royal commission

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/d02b3f86-729c-4648-b68f-b4520078379c/transcript

The Federal Court has ordered Andrew Forrest’s Fortescue to pay the Yindjibarndi people $150.1 million.

It is the biggest native title compensation payout in Australian history.

But for Yindjibarndi leaders, the judgment is complicated. The payout is historic, but it is far below the $1.8 billion they were seeking.

The case goes back more than two decades – to Fortescue’s Solomon Hub mines in the Pilbara, which were built on Yindjibarndi land without the agreement of the traditional owners.

And the payout includes only about $100,000 for economic loss, despite Fortescue making billions from the mines.

Journalist Ben Abbatangelo tells the story of Michael Woodley – the Yindjibarndi lawman who took on Andrew Forrest – and asks: what is the true cost of mining someone else’s Country?

This episode was originally published in May 2024.

 

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: Ben Abbatangelo

Photo: AAP Image/Richard Wainwright

The Federal Court has ordered Andrew Forrest&rsquo;s Fortescue to pay the Yindjibarndi people $150.1 million.
It is the biggest native title compensation payout in Australian history.
But for Yindjibarndi leaders, the judgment is complicated. The payout is historic, but it is far below the $1.8 billion they were seeking.
The case goes back more than two decades &ndash; to Fortescue&rsquo;s Solomon Hub mines in the Pilbara, which were built on Yindjibarndi land without the agreement of the traditional owners.
And the payout includes only about $100,000 for economic loss, despite Fortescue making billions from the mines.
Journalist Ben Abbatangelo tells the story of Michael Woodley &ndash; the Yindjibarndi lawman who took on Andrew Forrest &ndash; and asks: what is the true cost of mining someone else&rsquo;s Country?
This episode was originally published in May 2024.
&nbsp;
If you enjoy 7am, the best way you can support us is by making a contribution at <a href="http://7ampodcast.com.au/support">7ampodcast.com.au/support</a>.
&nbsp;
Socials: Stay in touch with us on <a href="http://www.instagram.com/7ampodcast">Instagram</a>
Guest: Ben Abbatangelo
Photo: AAP Image/Richard Wainwright

The man who took the fight to Andrew 'Twiggy' Forrest

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/fcf4623b-1617-4725-ab20-b45200066d18/transcript

The federal budget has been hit by a fierce campaign from large sections of the media and a handful of high-profile millennial entrepreneurs. But so far, Labor’s polling has remained relatively unscathed.

But that doesn’t mean voters are happy. People might not be shifting their votes over this budget, but many still feel there’s nothing in it for them right now. 

For the Coalition, that should be an opening. Instead, it's One Nation turning that frustration into real momentum.

Today, Director of Strategy and Analytics at RedBridge Group, Kos Samaras, on Labor’s budget woes, the Coalition’s failure to capitalise, and the populist right’s growing hold on Australian politics. 

 

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: RedBridge Group Director, Kos Samaras

Photo: AAP Image/Dean Lewins

The federal budget has been hit by a fierce campaign from large sections of the media and a handful of high-profile millennial entrepreneurs. But so far, Labor&rsquo;s polling has remained relatively unscathed.
But that doesn&rsquo;t mean voters are happy. People might not be shifting their votes over this budget, but many still feel there&rsquo;s nothing in it for them right now.&nbsp;
For the Coalition, that should be an opening. Instead, it's One Nation turning that frustration into real momentum.
Today, Director of Strategy and Analytics at RedBridge Group, Kos Samaras, on Labor&rsquo;s budget woes, the Coalition&rsquo;s failure to capitalise, and the populist right&rsquo;s growing hold on Australian politics.&nbsp;
&nbsp;
If you enjoy 7am, the best way you can support us is by making a contribution at <a href="http://7ampodcast.com.au/support">7ampodcast.com.au/support</a>.
&nbsp;
Socials: Stay in touch with us on <a href="http://www.instagram.com/7ampodcast">Instagram</a>
Guest: RedBridge Group Director, Kos Samaras
Photo:&nbsp;AAP Image/Dean Lewins

Is the budget backlash hurting Labor?

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/bb563635-3a55-4a05-923d-b452006cfed1/transcript

Jim Chalmers defends his budget

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