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

Subscribe to New Politics for weekly briefings and full analysis: www.newpolitics.com.au  

Support New Politics:
Song listing:
  • ‘La Femme d’Argent’, AIR.

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
Podcast Episodes
Taxing gas: How Australia is losing $20 billion a year [not-audio_url] [/not-audio_url]

Duration: 22:07
Subscribe to New Politics for weekly briefings and full analysis: www.newpolitics.com.auToday on the New Politics podcast, we examine Australia’s stalled debate over a 25% gas export tax and why major tax reform continue…
Green populism, come on down! Your time has come [not-audio_url] [/not-audio_url]

Duration: 20:31
Populism in Australian politics is usually framed as a right-wing force led by figures like Pauline Hanson and Barnaby Joyce, but this episode explores the potential of left-wing populism and the role of the Australian G…
War Crimes and the Cost of Blind Loyalty [not-audio_url] [/not-audio_url]

Duration: 13:43
The arrest of Ben Roberts-Smith on five counts of alleged war crimes has reignited a fierce debate in Australian politics over military accountability, the rule of law and the legacy of the Afghanistan war. We look at th…
Cash From Chaos: The Business of War [not-audio_url] [/not-audio_url]

Duration: 35:43
A fragile ceasefire between the United States, Israel and Iran has paused one of the most dangerous conflicts of 2026, but beneath the headlines lies a deeper question: who profits from war? In this episode, we examine t…
The first cracks in the façade of neoliberalism [not-audio_url] [/not-audio_url]

Duration: 13:06
The first cracks in the façade of neoliberalism are emerging in Australian politics, as Andrew Hastie breaks ranks to criticise an economic model driving inequality, stagnant wages, and Australia’s worsening housing cris…
Australia Pays the Price for Trump’s War [not-audio_url] [/not-audio_url]

Duration: 45:43
As tensions escalate across the Middle East and Western Asia, rising petrol prices, economic uncertainty and growing political pressure on Prime Minister Anthony Albanese are hitting Australia, with this episode looking…
The mirage of the One Nation surge [not-audio_url] [/not-audio_url]

Duration: 41:06
The South Australian election has reshaped Australian politics – but not in the way the mainstream media suggests. In this episode, we break down Labor’s landslide victory under Premier Peter Malinauskas, the collapse of…