Albanese gambles on support from younger Australians as he dramatically shifts wealth
- Posted on May 12, 2026
- By The Sydney Morning Herald
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- 1 min read
Albanese gambles on support from younger Australians as he dramatically shifts wealth
In an extraordinary political gamble, Albanese broke his election promise not to touch tax concessions as Treasurer Jim Chalmers revealed a budget night overhaul of negative gearing, capital gains tax and trusts.