The federal government has delivered one of the most anticipated budgets in recent history, with the focus on shifting wealth from Boomers and opening more of the housing market to younger wage earners.

In order to get there, Prime Minister Anthony Albanese and Treasurer Jim Chalmers have enacted an overhaul of negative gearing, capital gains tax and trusts.

Today, we bring you an early episode of The Morning Edition from Parliament House in Canberra, with senior economics correspondent Shane Wright.

 
Peter Hartcher – ‘This budget will be attacked as a nightmare. That’s exactly what the PM wants.’
Paul Sakkal – ‘Albanese gambles on support from younger Australians as he dramatically shifts wealth.’

The federal government has delivered one of the most anticipated budgets in recent history, with the focus on shifting wealth from Boomers and opening more of the housing market to younger wage earners.
In order to get there, Prime Minister Anthony Albanese and Treasurer Jim Chalmers have enacted an overhaul of negative gearing, capital gains tax and trusts.
Today, we bring you an early episode of The Morning Edition from Parliament House in Canberra, with senior economics correspondent Shane Wright.
&nbsp;
<ul>
<li>Peter Hartcher &ndash; <a href="https://www.theage.com.au/politics/federal/this-budget-will-be-attacked-as-a-nightmare-that-s-exactly-what-the-pm-will-be-hoping-for-20260506-p5zuf3.html?utm_source=omny&amp;utm_medium=podcast_notes&amp;utm_campaign=the_morning_edition&amp;utm_content=&amp;utm_term=newsroom">&lsquo;This budget will be attacked as a nightmare. That&rsquo;s exactly what the PM wants.&rsquo;</a></li>
<li>Paul Sakkal &ndash; <a href="https://www.theage.com.au/politics/federal/albanese-gambles-on-support-from-younger-australians-as-he-dramatically-shifts-wealth-20260505-p5ztux.html?utm_source=omny&amp;utm_medium=podcast_notes&amp;utm_campaign=the_morning_edition&amp;utm_content=&amp;utm_term=newsroom">&lsquo;Albanese gambles on support from younger Australians as he dramatically shifts wealth.&rsquo;</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

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.

Zoomers, boomers and a federal budget that could fix housing

https://api.omny.fm/orgs/88b564ea-a9a6-4751-910a-a5d800019396/clips/7f22816b-751f-4548-8db1-b44800c51323/transcript