Something has to give: will the budget deliver intergenerational relief?

Anthony Albanese is going where no Labor leader has successfully gone before with the budget expected to see cuts  to negative gearing and capital gains tax discounts. But will it deliver the changes younger Australians really need and want? The march of the populists continues, with historic council elections in England, delivering Labour’s traditional heartland to Nigel Farage’s Reform UK party and placing the prime ministership of Sir Keir Starmer in peril. Meanwhile One Nation hs claimed an historic victory in the blue ribbon liberal seat of Farrer. Is this the end of two party dominance?