It’s On: The 2025 Election Preview and Budget Analysis

The federal election has been announced for May 3, and we unpack Treasurer Jim Chalmers’ pre-election Budget – marked by cautious politics, modest tax cuts, and the usual barrage from conservative media. Despite early signals of a deficit, the Budget offered little reform, continuing Labor’s trend of incrementalism and risk-averse fiscal policy, with no major action on tax reform, resource royalties, or climate change – even as record-breaking temperatures highlight the urgency. We also analyse the Coalition’s chaotic Budget reply, Angus Taylor’s puzzling opposition to tax cuts, Peter Dutton’s populist stunts on fuel excise and nuclear energy, and the broader political landscape – from rising corporate profits and stagnant welfare to Labor’s silence on Palestine and environmental backdowns. As opinion polls drift towards Labor and Albanese becomes more assertive in the media spotlight, this is a must-listen episode breaking down the real politics behind the 2025 election, cutting through the spin with fearless commentary, independent analysis, and the stories the mainstream media ignores.

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Song listing:

• ‘Good Stuff’, The B-52s.
• ‘Crying’, Strawpeople.
• ‘Trouble’, Vox Noir.
• ‘Teardrop’, Massive Attack.
• ‘Humiliation’, The National.