<description>&lt;p&gt;Phillip Coorey on the first year of the Albanese&amp;rsquo;s government&amp;rsquo;s second term, what&amp;rsquo;s happening with property taxes and how the biggest loser in the budget will be Gen X.&lt;/p&gt; &lt;p&gt;This podcast is sponsored by &lt;strong&gt;&lt;a href="https://www.westpac.com.au/"&gt;Westpac&lt;/a&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p&gt;Further reading:&lt;br aria-hidden="true"&gt;&lt;strong&gt;&lt;a href="https://www.afr.com/politics/federal/pm-arrests-popularity-decline-one-nation-plateaus-poll-20260501-p5zsuy?utm_source=omny&amp;amp;utm_medium=podcast_notes&amp;amp;utm_campaign=the_fin&amp;amp;utm_content=&amp;amp;utm_term=newsroom"&gt;Prime minister arrests popularity decline, One Nation plateaus: poll&lt;/a&gt;&lt;/strong&gt;&lt;br aria-hidden="true"&gt;Anthony Albanese&amp;rsquo;s handling of the petrol crisis has improved his personal ratings and is helping to prop up Labor&amp;rsquo;s vote.&lt;br&gt;&lt;strong&gt;&lt;a href="https://www.afr.com/politics/federal/albanese-reveals-his-plan-to-fend-off-one-nation-20260427-p5zrbs?utm_source=omny&amp;amp;utm_medium=podcast_notes&amp;amp;utm_campaign=the_fin&amp;amp;utm_content=&amp;amp;utm_term=newsroom"&gt;Anthony Albanese sees the populist writing on the wall&lt;/a&gt;&lt;/strong&gt;&lt;br aria-hidden="true"&gt;As Labor prepares for a Hastie-led opposition, the PM is ready to break promises so Labor can court younger voters and save it from the parties of grievance&lt;br&gt;&lt;strong&gt;&lt;a href="https://www.afr.com/policy/tax-and-super/cgt-change-to-tax-existing-investments-based-on-length-of-ownership-20260503-p5zt9x?utm_source=omny&amp;amp;utm_medium=podcast_notes&amp;amp;utm_campaign=the_fin&amp;amp;utm_content=&amp;amp;utm_term=newsroom"&gt;CGT change to tax existing investments based on length of ownership&lt;/a&gt;&lt;/strong&gt;&lt;br aria-hidden="true"&gt;The Albanese government plans to transition investors to a new capital gains tax regime through a hybrid grandfathering system.&lt;/p&gt;&lt;p&gt;See &lt;a href="https://omnystudio.com/listener"&gt;omnystudio.com/listener&lt;/a&gt; for privacy information.&lt;/p&gt;</description>

The Fin

Australian Financial Review

Generation X? The federal budget is coming for you

MAY 6, 202634 MIN
The Fin

Generation X? The federal budget is coming for you

MAY 6, 202634 MIN

Description

Phillip Coorey on the first year of the Albanese’s government’s second term, what’s happening with property taxes and how the biggest loser in the budget will be Gen X. This podcast is sponsored by Westpac Further reading:Prime minister arrests popularity decline, One Nation plateaus: pollAnthony Albanese’s handling of the petrol crisis has improved his personal ratings and is helping to prop up Labor’s vote.Anthony Albanese sees the populist writing on the wallAs Labor prepares for a Hastie-led opposition, the PM is ready to break promises so Labor can court younger voters and save it from the parties of grievanceCGT change to tax existing investments based on length of ownershipThe Albanese government plans to transition investors to a new capital gains tax regime through a hybrid grandfathering system.See omnystudio.com/listener for privacy information.