Politics Now

The fight over Labor’s proposed capital gains tax changes isn’t brewing - it’s already here.
Small business owners, founders and investors are piling pressure on the government, with backlash erupting across talkback radio and social media. Critics say the changes punish aspiration, investment and growth.
As Labor tries to sell the reforms, business groups warn Australia risks becoming a less attractive place to build and scale companies. Meanwhile, viral memes portraying Anthony Albanese as an accidental “co-owner” of small businesses are spreading fast online.
So will Labor hold the line, or soften the changes as pressure mounts?
And later - why the government is delaying aged care price caps, and what new budget measures could mean for older Australians.
Patricia Karvelas and Raf Epstein break it all down on Politics Now.
Got a burning question?
Got a burning political query? Send a short voice recording to PK and Fran for Question Time at [email protected]

There's a big budget contest of ideas underway, as Labor and the Coalition try to sell their alternate visions for Australia to voters.
Or as Jacob puts it to PK, "politics is back!"
Treasurer Jim Chalmers has brushed off new polling, suggesting the Government wasn't expecting a post-Budget bounce and doing the right thing is worth "any near term political costs".
And the Opposition leader Angus Taylor is also defending his policies, with some pushback coming from within his own party.
Patricia Karvelas and Jacob Greber break it all down on Politics Now.
Got a burning question?
Send a short voice recording to PK and Fran for Question Time at [email protected]
Read PK's analysis here
Read Jacob's analysis here

This week's federal budget included an overhaul of negative gearing and the capital gains tax rules in a bid to move thousands of homes from the hands of investors to first home buyers.

Opposition leader Angus Taylor used his first budget in reply speech to lay out some big bold policy ideas, saying he hopes Australians can "begin to believe again."
Income tax would form the centrepiece, with bracket creep returned to workers, at a cost of over $22bn to the budget bottom line.
PK and Clare agree this was a "big swing" from Angus Taylor — with PK suggesting it's because the Opposition are "drowning and desperate to get the light on them — it's an attention grabbing response."
Clare adds the announcements from Opposition leader had an "inkling of desperation" about them, as Angus Taylor realises he doesn't have the time usually afforded an Opposition leader to build towards a centrepiece.
So, while the tax cuts set the Opposition leader up for an interesting couple of years, giving him something substantial to defend and fight Labor on does it "tie his hands behind his back" on what he can do and announce in the next few years?
Patricia Karvelas and Clare Armstrong break it all down on Politics Now. Read Clare's reporting here 
Got a burning question?
Got a burning political query? Send a short voice recording to PK and Fran for Question Time at [email protected]

Opposition leader Angus Taylor used his first budget in reply speech to lay out some big bold policy ideas, saying he hopes Australians can "begin to believe again."
Income tax would form the centrepiece, with bracket creep returned to workers, at a cost of over $22bn to the budget bottom line.
PK and Clare agree this was a "big swing" from Angus Taylor — with PK suggesting it's because the Opposition are "drowning and desperate to get the light on them — it's an attention grabbing response."
Clare adds the announcements from Opposition leader had an "inkling of desperation" about them, as Angus Taylor realises he doesn't have the time usually afforded an Opposition leader to build towards a centrepiece.
So, while the tax cuts set the Opposition leader up for an interesting couple of years, giving him something substantial to defend and fight Labor on does it "tie his hands behind his back" on what he can do and announce in the next few years?
Patricia Karvelas and Clare Armstrong break it all down on Politics Now. Read Clare's reporting here 
Got a burning question?
Got a burning political query? Send a short voice recording to PK and Fran for Question Time at [email protected]