Tag: negative gearing

A Housing Commission kitchen table with black rosary beads, a window behind showing two worlds: a modest 1960s Sydney housing estate on one side and a clifftop home with ocean views on the other.

Anthony Norman Albanese crossed Parramatta Road the way other people cross a street: with the calm and conviction of someone who has rehearsed the gesture for television. He came from a housing commission island ringed by depots and the click-clack of Catholic rosary beads, black as anthracite and polished to a gloss by the unrelenting petitions of the poor but faithful. He was, as the campaign line put it, a son of a single mum. It was also an opening line with longer ambitions.

A federal budget that delivers $250 a year to workers while handing $16.3 billion to fossil fuel companies.

The Budget That Will Not Save You

The 2026-27 federal budget breaks two election promises, grows fossil fuel subsidies faster than the NDIS, hands $250 a year to workers, and approves gas drilling until 2080. Jim Chalmers was right that the can had been kicked far enough. He has been less forthcoming about who was doing the kicking.