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Labor’s budget promises fairness – does it deliver? episode artwork

EPISODE · May 12, 2026 · 17 MIN

Labor’s budget promises fairness – does it deliver?

from 7am · host Solstice Media

It was a budget framed around fairness for workers and for young people locked out of the housing market.  Treasurer Jim Chalmers’ fifth budget restricts negative gearing – though not for anyone who was already doing it – while also promising to increase housing supply and deliver a $250 tax cut for workers.  Chalmers wants the budget to be seen as ambitious – but is it?  Today, press gallery journalist Karen Middleton, on what the Treasurer is promising - and whether it delivers.    If you enjoy 7am, the best way you can support us is by making a contribution at 7ampodcast.com.au/support.   Socials: Stay in touch with us on Instagram Guest: Press gallery journalist, Karen Middleton Photo: AAP Image/Lukas CochSee omnystudio.com/listener for privacy information.

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Labor’s budget promises fairness – does it deliver?

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