Taylor swings big on tax. Will it pay-off?

Taylor swings big on tax. Will it pay-off?

Author: ABC Australia May 15, 2026 Duration: 28:00
Opposition leader Angus Taylor used his first budget in reply speech to lay out some big bold policy ideas, saying he hopes Australians can "begin to believe again." Income tax would form the centrepiece, with bracket creep returned to workers, at a cost of over $22bn to the budget bottom line. PK and Clare agree this was a "big swing" from Angus Taylor — with PK suggesting it's because the Opposition are "drowning and desperate to get the light on them — it's an attention grabbing response." Clare adds the announcements from Opposition leader had an "inkling of desperation" about them, as Angus Taylor realises he doesn't have the time usually afforded an Opposition leader to build towards a centrepiece. So, while the tax cuts set the Opposition leader up for an interesting couple of years, giving him something substantial to defend and fight Labor on does it "tie his hands behind his back" on what he can do and announce in the next few years? Patricia Karvelas and Clare Armstrong break it all down on Politics Now.  Read Clare's reporting here  Got a burning question? Got a burning political query? Send a short voice recording to PK and Fran for Question Time at thepartyroom@abc.net.au

Keeping up with the political landscape requires more than just reading headlines; it demands understanding the motivations and maneuvers that shape them. That’s the space occupied by Politics Now, the ABC News production hosted by Patricia Karvelas. This podcast goes beyond the initial news alerts to unpack the significant stories from Australia and across the globe, offering a balanced perspective on the strategies driving the day’s events. Each week from Monday to Wednesday, Karvelas is joined by a rotating panel of the ABC’s own seasoned political journalists, dissecting the latest developments with insight and context. The conversation continues on Thursdays with 'The Party Room,' providing further depth. The aim is to deliver reliable, timely analysis whenever major news breaks, placing trusted coverage directly in your feed. For anyone looking to comprehend the real forces behind the news cycle, this podcast serves as an essential, clarifying resource.
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