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.’