The continuing Budget fallout: A political war over housing and wealth

The continuing Budget fallout: A political war over housing and wealth

Author: New Politics May 23, 2026 Duration: 20:57
The debate surrounding Australia’s 2026 Budget has rapidly evolved into a broader political battle over housing affordability, negative gearing, wealth inequality and the future direction of the Australian economy. In this episode, we examine how Labor’s housing reforms have triggered an aggressive backlash from the Liberal Party, conservative media and vested property interests, with warnings about attacks on “aspiration”, investment and wealth creation increasingly crashing into the reality facing millennials and Gen Z Australians locked out of home ownership. We explore whether the media-driven outrage over the Albanese government’s reforms reflects genuine public concern or a deeper attempt to protect a decades-old economic model built on property speculation, tax concessions and rising inequality, and ask whether Australia’s political and economic consensus is beginning to unravel. #AUSPOL

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Eddy Jokovich and David Lewis host New Politics: Australian Politics, a podcast dedicated to cutting through the noise of the daily news cycle. Their conversations go beyond the headlines and parliamentary theatre, digging into the stories and power dynamics that often get sidelined. They focus on the issues that mainstream coverage tends to gloss over or ignore entirely, driven by a commitment to the kind of accountability many journalists shy away from. Each episode is built on thorough analysis and direct discussion, offering listeners a deeper understanding of the forces shaping the country. You’ll hear them dissect policy, political strategy, and the real-world consequences of decisions made in Canberra, all with a serious and critical eye. This isn’t about soundbites or partisan point-scoring; it’s about examining how power operates and who it serves. For anyone tired of superficial political reporting and looking for substantive commentary, this podcast provides a necessary and regular dose of clarity. Tune in for their unflinching take on Australian politics, where the conversation always aims to hold power to account.
Author: Language: English Episodes: 100

New Politics: Australian Politics, News, Analysis & Commentary
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