Why Labor's 'breadcrumb' budget feels like a meal

<p>After Labor handed down its fifth budget, Anthony Albanese spent the week answering one question: had he broken his promise?</p> <p>The government wanted the budget framed as a fairness agenda built around changes to negative gearing, capital gains tax and trusts, and a pitch to younger Australians locked out of housing. Instead, the immediate political fight became whether voters could trust the prime minister.</p> <p>But the noise around broken-promises obscures deeper conversations about what the housing tax changes will actually deliver, the omission of a gas export levy, and the tens of billions of dollars being cut from the NDIS.</p> <p>Meanwhile, Angus Taylor&rsquo;s budget reply showed where the Coalition wants the argument to go next: migration, welfare and net zero &ndash; as One Nation surges in the polls.</p> <p>Today, Cheek Media CEO and host of&nbsp;<em>Big Small Talk</em>, Hannah Ferguson, on the ambition, compromises and contradictions in Labor&rsquo;s budget &ndash; and what young voters are being asked to accept.</p> <p>&nbsp;</p> <p>If you enjoy <em>7am</em>, the best way you can support us is by making a contribution at <a href="http://7ampodcast.com.au/support">7ampodcast.com.au/support</a>.</p> <p>&nbsp;</p> <p><strong>Socials:</strong><strong> </strong>Stay in touch with us on <a href="http://www.instagram.com/7ampodcast">Instagram</a></p> <p><strong>Guest:</strong> Cheek Media CEO and host of the <em>Big Small Talk </em>podcast, Hannah Ferguson.</p> <p><strong>Photo:&nbsp;</strong>AAP Image/Mick Tsikas</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>