EPISODE · Jun 2, 2026 · 31 MIN
Australia's billionaires get richer, a shaky Middle East ceasefire + the youngest Aussie to summit Everest
from Hack · host Australian Broadcasting Corporation
Australia now has 178 billionaires, up 17 from last year. Their combined wealth? $686 billion.The government's changes to negative gearing and the capital gains tax have been pitched as a way of tackling wealth inequality. But as the billionaire class grows, could our tax system be fairer?Also, the ceasefire in the Middle East is looking shaky, with US President Donald Trump saying he has made calls to Israel and Hezbollah to calm tensions.Plus, meet Bianca Adler, the 18-year-old who just became the youngest Australian ever to summit Mount Everest.Listen now: 01:35 - Is our tax system broken?13:51 - Middle East update18:29 - Climbing Mount EverestGuests:Evan Lucas, economic futuristBianca Adler, youngest Australian to summit Mount EverestGet the whole story from hack:Follow us on Instagram and TikTokSubscribe to the hack podcastListen on the triple j app or on your radio live every weeknight at 5:30pm
What this episode covers
Australia now has 178 billionaires, up 17 from last year. Their combined wealth? $686 billion. The government's changes to negative gearing and the capital gains tax have been pitched as a way of tackling wealth inequality. But as the billionaire class grows, could our tax system be fairer? Also, the ceasefire in the Middle East is looking shaky, with US President Donald Trump saying he has made calls to Israel and Hezbollah to calm tensions. Plus, meet Bianca Adler, the 18-year-old who just became the youngest Australian ever to summit Mount Everest. Listen now: 01:35 - Is our tax system broken? 13:51 - Middle East update 18:29 - Climbing Mount Everest Guests: Evan Lucas, economic futurist Bianca Adler, youngest Australian to summit Mount Everest Get the whole story from hack: Follow us on Instagram and TikTok Subscribe to the hack podcast Listen on the triple j app or on your radio live every weeknight at 5:30pm
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Australia's billionaires get richer, a shaky Middle East ceasefire + the youngest Aussie to summit Everest
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