Generation X? The federal budget is coming for you

Generation X? The federal budget is coming for you

From The Fin by Australian Financial Review

May 6, 2026 · 34 min · Season 5 · Episode 16

About this episode

Phillip Coorey discusses the implications of the federal budget on Generation X and the Albanese government's strategies.

Phillip Coorey on the first year of the Albanese’s government’s second term, what’s happening with property taxes and how the biggest loser in the budget will be Gen X. This podcast is sponsored by Westpac Further reading: Prime minister arrests popularity decline, One Nation plateaus: poll Anthony Albanese’s handling of the petrol crisis has improved his personal ratings and is helping to prop up Labor’s vote. Anthony Albanese sees the populist writing on the wall As Labor prepares for a Hastie-led opposition, the PM is ready to break promises so Labor can court younger voters and save it from the parties of grievance CGT change to tax existing investments based on length of ownership The Albanese government plans to transition investors to a new capital gains tax regime through a hybrid grandfathering system. See omnystudio.com/listener for privacy information.

People in this episode

Guest: Phillip Coorey

Topics covered

  • federal budget
  • property taxes
  • Generation X
  • capital gains tax
  • Albanese government
  • political strategy

Keywords

  • federal budget
  • Generation X
  • property taxes
  • capital gains tax
  • Albanese government
  • political strategy

Sponsors

Westpac

Mentioned in this episode

Organizations: Albanese government, One Nation, Labor, CGT

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