What began as a routine deal has turned into one of GE2025’s defining flashpoints. As the Income-Allianz saga puts Ng Chee Meng — and even Deputy Prime Minister Gan Kim Yong — under scrutiny, the Workers’ Party seizes the moment, sharpening its attacks and widening the debate into a referendum on governance.

We break down the political fallout, from leaked messages hurting WP’s Andre Low, to Harpreet Singh's bold jabs, and whether battlegrounds like Punggol and Tampines could signal a broader shift.

Identity politics, race, and religion are also entering the chat — how are parties walking this tightrope? We hear from Dr Rebecca Tan, Lecturer at the Political Science Department at the National University of Singapore, and Dr Gillian Koh, Senior Research Fellow at the Institute of Policy Studies, on what’s at stake this election.