Zoomers, boomers and a federal budget that could fix housing

Does a broken promise matter in a broken system, and Angus Taylor’s migrant plan

The federal budget was pitched as a big moment for a progressive government that wants to equalise wealth and home ownership. And one of the main attacks from the opposition is that Prime Minister Anthony Albanese has had to break a promise in order to get there. So will the broken promise line resonate if the changes are broadly supported by the public? Also today, Inside Politics host Jacqueline Maley and chief political correspondent Paul Sakkal talk about Coalition leader Angus Taylor’s plan to centre immigration in his budget reply speech, including that non-citizens should be blocked from welfare payments. We also check in on One Nation’s Farrer by-election win and how significant a threat the party now poses to Labor.   Background reading: * Budget fallout: Next tax war will be over rival income tax cuts [https://www.smh.com.au/politics/federal/budget-fallout-next-tax-war-will-be-over-rival-income-tax-cuts-20260513-p5zwfo.html] * Confused by the federal budget? We answer your questions [https://www.smh.com.au/politics/federal/confused-by-the-federal-budget-we-answer-your-questions-20260514-p5zx11.html] Subscribe to The Age & SMH: https://subscribe.smh.com.au/ [https://subscribe.smh.com.au/] See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Taiwan, trade and the balance of power: What’s at stake when Trump meets Xi Jinping

When US President Donald Trump meets with China's President Xi Jinping this week, it will be a geopolitical heavyweight match-up with enormous stakes, according to Joe Biden’s former deputy secretary of state, Kurt Campbell. On the table is everything from global trade to security. And, at a time when Trump is arguably at his weakest, and Xi at his most paranoid. Today international and political editor Peter Hartcher on whether Trump may inadvertently lead the United States into unilateral concessions and unintentional appeasement, and what this might mean for the rest of us.    Background reading: * Peter Hartcher - The empire of pain and paranoia that awaits Trump inside Xi’s China [https://www.smh.com.au/world/asia/the-empire-of-pain-and-paranoia-that-awaits-trump-inside-xi-s-china-20260511-p5zvno.html] * Michael Koziol - The ‘big danger’ for Australia as Trump meets Xi  [https://www.smh.com.au/world/north-america/the-big-danger-for-australia-as-trump-meets-xi-20260514-p5zwmm.html] Subscribe to The Age & SMH: https://subscribe.smh.com.au/ [https://subscribe.smh.com.au/] See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Zoomers, boomers and a federal budget that could fix housing

The federal government has delivered one of the most anticipated budgets in recent history, with the focus on shifting wealth from Boomers and opening more of the housing market to younger wage earners. In order to get there, Prime Minister Anthony Albanese and Treasurer Jim Chalmers have enacted an overhaul of negative gearing, capital gains tax and trusts. Today, we bring you an early episode of The Morning Edition from Parliament House in Canberra, with senior economics correspondent Shane Wright.   * Peter Hartcher – ‘This budget will be attacked as a nightmare. That’s exactly what the PM wants.’ [https://www.theage.com.au/politics/federal/this-budget-will-be-attacked-as-a-nightmare-that-s-exactly-what-the-pm-will-be-hoping-for-20260506-p5zuf3.html?utm_source=omny&utm_medium=podcast_notes&utm_campaign=the_morning_edition&utm_content=&utm_term=newsroom] * Paul Sakkal – ‘Albanese gambles on support from younger Australians as he dramatically shifts wealth.’ [https://www.theage.com.au/politics/federal/albanese-gambles-on-support-from-younger-australians-as-he-dramatically-shifts-wealth-20260505-p5ztux.html?utm_source=omny&utm_medium=podcast_notes&utm_campaign=the_morning_edition&utm_content=&utm_term=newsroom] Subscribe to The Age & SMH: https://subscribe.smh.com.au/ [https://subscribe.smh.com.au/] See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Will One Nation push Labor to reshape our society?

We’re only hours away from the federal treasurer handing down the government’s much-anticipated budget. All eyes have been on Prime Minister Anthony Albanese’s anticipated - and controversial - changes to taxes that benefit the wealthier members of our society. But there’s an entirely different factor that is likely to sway the government’s thinking. Today, political columnist Sean Kelly on what One Nation’s historic win on Saturday could mean for the changes to our society that the government implements, or not. Subscribe to The Age & SMH: https://subscribe.smh.com.au/ [https://subscribe.smh.com.au/] See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

A fiery air crash in the Top End – and a miracle by Aussie doctors who saved a US marine

Travis Reyes, a 21-year-old US marine, remembers feeling smug as he sat with his feet dangling out the door of a military aircraft, soaring high above a gulf in the Northern Territory. Yes, dozens of military personnel had died in these hybrid aeroplane/helicopters over the years. But the take-off from Darwin had been smooth. Today, senior reporter Grant McArthur on the 23 marines who crashed in the bush [https://www.theage.com.au/national/victoria/a-fiery-air-crash-a-face-eating-fungus-and-minutes-from-death-in-the-top-end-how-the-alfred-s-doctors-saved-this-us-marine-20260427-p5zrdx.html?utm_source=omny&utm_medium=podcast_notes&utm_campaign=the_morning_edition&utm_content=&utm_term=newsroom], shocking the globe. And the world-first medical experiments by quick-thinking Australian doctors aimed at helping Travis Reyes survive against all odds. Background reading * Grant McArthur's full story: 'A fiery air crash, a face-eating fungus and minutes from death in the Top End: How The Alfred’s doctors saved this US marine.' [https://www.theage.com.au/national/victoria/a-fiery-air-crash-a-face-eating-fungus-and-minutes-from-death-in-the-top-end-how-the-alfred-s-doctors-saved-this-us-marine-20260427-p5zrdx.html?utm_source=omny&utm_medium=podcast_notes&utm_campaign=the_morning_edition&utm_content=&utm_term=newsroom] Subscribe to The Age & SMH: https://subscribe.smh.com.au/ [https://subscribe.smh.com.au/] See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.