Full Story

Newsroom Edition: Labor broke a promise for bold reform. Does it matter?

May 14, 2026·19 min
Episode Description from the Publisher

In a big gamble, Labor broke a big promise. In this week’s budget, the government announced changes to capital gains tax and negative gearing. The treasurer, Jim Chalmers, is suggesting it’s the broken promise we had to have, in order to tackle intergenerational inequality and make the tax system fairer. Reged Ahmad speaks with Mike Ticher, Patrick Keneally and Sarah Martin about when broken promises matter in politics

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