Australia’s housing crisis has hit breaking point — but the Albanese Government's recent bombshell at this week's Federal Budget hopes to fix it. Sitting down with 7NEWS' The Issue, Housing Minister Clare O’Neil defends Labor’s dramatic housing overhaul, including changes to negative gearing, capital gains tax, foreign buyers, and first-home buyer support. But there’s one issue the federal government must also confront - repeated election promises that changes to the housing market were “off the table.” So why the backflip? Will it actually make housing cheaper? And is this the political gamble that defines Labor’s future?

<p>Australia&rsquo;s housing crisis has hit breaking point &mdash; but the Albanese Government's recent bombshell at this week's Federal Budget hopes to fix it. Sitting down with 7NEWS' The Issue, Housing Minister Clare O&rsquo;Neil defends Labor&rsquo;s dramatic housing overhaul, including changes to negative gearing, capital gains tax, foreign buyers, and first-home buyer support. But there&rsquo;s one issue the federal government must also confront - repeated election promises that changes to the housing market were &ldquo;off the table.&rdquo; So why the backflip? Will it actually make housing cheaper? And is this the political gamble that defines Labor&rsquo;s future?</p>

The Issue is a weekly podcast that dives deep into the world of politics and global affairs. Hosted by seasoned political reporters Tim Lester and Josh Martin, the show offers insightful analysis, sharp commentary, and thoughtful discussion on the biggest stories shaping our world today. From the halls of Parliament to international summits, The Issue covers a wide range of topics - national policy debates, geopolitical tensions, election cycles, social movements, and more. Each episode breaks down the news of the week, helping listeners make sense of complex developments and what they mean for the future. Whether you're a political junkie or just trying to stay informed, The Issue is your go-to source for clear, intelligent, and engaging political conversation.