Treasurer Jim Chalmers is slated to make a big change to the tax system, with the centrepiece of the May budget a change totaxing capital gains on property.

Will the likely tweaks reduce skyrocketing house prices, or address intergenerational inequality?

Today, senior economics correspondent Shane Wright talks about who this change will cost, who it will benefit, and by how much.

Background reading:
Shane Wright's story, 'CGT like it's 1999.'
The Sydney Morning Herald and The Age's up-to-date political coverage.

Treasurer Jim Chalmers is slated to make a big change to the tax system, with the centrepiece of the May budget a change to taxing capital gains on property.
Will the likely tweaks reduce skyrocketing house prices, or address intergenerational inequality?
Today, senior economics correspondent Shane Wright talks about who this change will cost, who it will benefit, and by how much. Background reading:
<ul>
<li>Shane Wright's story, <a href="https://www.theage.com.au/politics?utm_source=omny&amp;utm_medium=podcast_notes&amp;utm_campaign=the_morning_edition&amp;utm_content=&amp;utm_term=newsroom">'CGT like it's 1999.'</a></li>
<li>The Sydney Morning Herald and The Age's <a href="https://www.theage.com.au/politics?utm_source=omny&amp;utm_medium=podcast_notes&amp;utm_campaign=the_morning_edition&amp;utm_content=&amp;utm_term=newsroom">up-to-date political coverage.</a></li>
</ul>

The Morning Edition (formerly Please Explain) brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition (formerly Please Explain) brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition

New episodes from ongoing Metro podcast series. 

New episodes from ongoing Metro podcast series.&nbsp;

New episodes

The Morning Edition brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The likely change to the capital gains tax and the 'Ponzi scheme' of housing

https://api.omny.fm/orgs/88b564ea-a9a6-4751-910a-a5d800019396/clips/f2b34e62-d098-4191-9ed0-b4330064e1b2/transcript

Today, we are talking about one of the federal budget’s trickiest customers - the National Disability Insurance Scheme.

Labor was once like a proud parent of the NDIS, but now even the minister in charge, Mark Butler, is describing the scheme as a honeypot for organised crime.

Also this week, an inquiry about taxing offshore gas exports went kind of viral due to a David Pocock question about beer and an appearance from a podcaster called Punters Politics.

Joining host Jacqueline Maley is chief political correspondent Paul Sakkal and federal political correspondent Natassia Chrysanthos.


Background reading
Natassia Chrysanthos’ latest story on the NDIS 
All of The Age and Sydney Morning Herald’s political news and analysis.

Today, we are talking about one of the federal budget&rsquo;s trickiest customers - the National Disability Insurance Scheme.
Labor was once like a proud parent of the NDIS, but now even the minister in charge, Mark Butler, is describing the scheme as a honeypot for organised crime.
Also this week, an inquiry about taxing offshore gas exports went kind of viral due to a David Pocock question about beer and an appearance from a podcaster called Punters Politics.
Joining host Jacqueline Maley is chief political correspondent Paul Sakkal and federal political correspondent Natassia Chrysanthos.
 Background reading
<ul>
<li>Natassia Chrysanthos&rsquo; <a href="https://www.smh.com.au/politics/federal/labor-s-sweeping-ndis-overhaul-to-boot-160-000-from-program-20260422-p5zq4s.html?utm_source=omny&amp;utm_medium=podcast_notes&amp;utm_campaign=inside_politics&amp;utm_content=&amp;utm_term=newsroom">latest story on the NDIS </a></li>
<li>All of The Age and Sydney Morning Herald&rsquo;s <a href="https://www.theage.com.au/politics?utm_source=omny&amp;utm_medium=podcast_notes&amp;utm_campaign=inside_politics&amp;utm_content=&amp;utm_term=newsroom">political news and analysis.</a></li>
</ul>

Labor’s baby a ‘honeypot of fraud’ and the gas tax’s viral moment

https://api.omny.fm/orgs/88b564ea-a9a6-4751-910a-a5d800019396/clips/8ebc8ec6-6fa5-4c67-890b-b43500555224/transcript

Since the Cold War ended more than 35 years ago, many of us have likely not given much thought to Bloc warfare. Those nuclear threats that the Western and Eastern Blocs hurled at each other? A thing of the past.

But lately, the beginnings of a return to Bloc warfare have revealed themselves.

Today, international and political editor Peter Hartcher on the group of countries that are assisting each other to fight wars. And why few have heard of their grouping.

Next Thursday, we'll be airing a special episode with Peter, in which he will be answering your questions. So if you have any questions about the state of our world that you've been dying to ask Peter, or a topic you'd love him to discuss, emails us at podcasts@nine.com.au and we may feature it on air next week. 

Background reading
Peter Hartcher's article:  Trump’s madcap folly emboldening this ‘axis of upheaval’
Peter Hartcher's columns and stories.

 

Since the Cold War ended more than 35 years ago, many of us have likely not given much thought to Bloc warfare. Those nuclear threats that the Western and Eastern Blocs hurled at each other? A thing of the past.
But lately, the beginnings of a&nbsp;return to Bloc warfare have revealed themselves.
Today, international and political editor Peter Hartcher on the group of countries that are assisting each other to fight wars. And why few have heard of their grouping.
<hr>
Next Thursday, we'll be airing a special episode with Peter, in which he will be answering your questions. So if you have any questions about the state of our world that you've been dying to ask Peter, or a topic you'd love him to discuss, emails us at <a href="mailto:podcasts@nine.com.au">podcasts@nine.com.au</a> and we may feature it on air next week.&nbsp;
Background reading
<ul>
<li>Peter Hartcher's article:&nbsp; <a href="https://www.smh.com.au/world/middle-east/trump-s-madcap-folly-emboldening-this-axis-of-upheaval-20260420-p5zpd2.html">Trump&rsquo;s madcap folly emboldening this &lsquo;axis of upheaval&rsquo;</a></li>
<li>Peter Hartcher's <a href="https://www.smh.com.au/by/peter-hartcher-hve0w?utm_source=omny&amp;utm_medium=podcast_notes&amp;utm_campaign=the_morning_edition&amp;utm_content=&amp;utm_term=newsroom">columns and stories.</a></li>
</ul>
&nbsp;

The ‘axis of upheaval’ that's forming against the West

https://api.omny.fm/orgs/88b564ea-a9a6-4751-910a-a5d800019396/clips/266a4b8c-1f56-412a-85a5-b434006b0b6a/transcript

There’s been something of a revolt in women’s basketball in the United States, and two Australians – Alanna Smith and Ezi Magbegor – are among the biggest winners.

Today, sports reporter Frances Howe on the multimillion-dollar deals netted by these Australian stars, as a result of a very simple demand, and what it means for women in sport.

 

Background reading
The Age and Sydney Morning Herald's series on Australia's richest athletes.
Frances Howes' story on the WNBA.

There&rsquo;s been something of a revolt in women&rsquo;s basketball in the United States, and two Australians &ndash; Alanna Smith and Ezi Magbegor &ndash; are among the biggest winners. Today, sports reporter Frances Howe on the multimillion-dollar deals netted by these Australian stars, as a result of a very simple demand, and what it means for women in sport.
&nbsp;
Background reading
<ul>
<li>The Age and Sydney Morning Herald's series on <a href="https://www.theage.com.au/sport/motorsport/jett-used-to-share-a-sandwich-with-his-family-to-save-money-now-he-s-one-of-australia-s-richest-athletes-20260330-p5zjxz.html">Australia's richest athletes</a>.</li>
<li>Frances Howes' story <a href="https://www.smh.com.au/sport/basketball/it-s-life-changing-australian-basketball-star-signs-record-5-million-wnba-deal-20260412-p5zn5p.html?utm_source=omny&amp;utm_medium=podcast_notes&amp;utm_campaign=the_morning_edition&amp;utm_content=&amp;utm_term=newsroom">on the WNBA.</a></li>
</ul>

The uprising in women's basketball

https://api.omny.fm/orgs/88b564ea-a9a6-4751-910a-a5d800019396/clips/5d2ec796-abc8-4f26-8fab-b43200723081/transcript

The likely change to the capital gains tax and the 'Ponzi scheme' of housing

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