Migration and housing supply are emerging as key issues, following the Australian Government's latest Budget. 

The Labor Government is raising taxes on investment properties and some trust funds to pay for a $250 tax break for working Australians. 

Its expected 35 thousand fewer homes will be built, despite net migration remained at 300 thousand people per year. 

Australia Correspondent Steve Price told Mike Hosking a federal surplus isn't expected until 2036 and gross debt will likely hit $1 trillion this year. 

LISTEN ABOVE 

Migration and housing supply are emerging as key issues, following the Australian Government's latest Budget.&nbsp;
The Labor Government is raising taxes on investment properties and some trust funds to pay for a $250 tax break for working Australians.&nbsp;
Its expected 35 thousand fewer homes will be built, despite net migration remained at 300 thousand people per year.&nbsp;
Australia Correspondent Steve Price told Mike Hosking a federal surplus isn't expected until 2036 and gross debt will likely hit $1 trillion this year.&nbsp;
LISTEN ABOVE&nbsp;

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The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Steve Price: Australia Correspondent on the federal budget, the tax break for workers, capital gains tax

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/20865c24-f3f2-4374-a3e9-b448017f6114/transcript