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The Guardian - AU
The Guardian - AU
National
Tom McIlroy Political editor

What we know so far about tax, housing, fuel and broken promises in the federal budget

Jim Chalmers
Jim Chalmers’ budget is expected to include changes to negative gearing and the 50% capital gains tax discount for property investors. Photograph: Mick Tsikas/AAP

Jim Chalmers says this week’s federal budget will be Labor’s most ambitious yet, helping manage disruption from the war in Iran and improving intergenerational equity in Australia.

The long sell for the treasurer’s fifth budget package means we know a lot of what to expect on Tuesday night.

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