The tilt of this budget was, when you think about it, predictable.
The Albanese government has used the first budget of its second term to do what you’d expect a Labor government that had won a massive majority would do.
It doesn’t have a mandate to implement its key changes on housing taxes. Quite the opposite. But its sweeping 2025 election win has given it the political heft.
In its first term, Labor shifted the industrial relations system decisively towards workers.
Now, at the start of term two, Treasurer Jim Chalmers’ fifth budget cracks down on the tax treatment of
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