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Budget Backlash and Tax Fairness
Description
Labor’s budget is facing stiff public resistance, with only a quarter approving overall and skepticism mounting over housing and tax reforms like negative gearing. Jim Chalmers struggles to sell the plan as Labor’s primary vote edges just ahead of One Nation, amid rising cost-of-living anxiety and a dip in PM Albanese’s approval. Yet, there’s a silver lining: two-thirds of voters support taxing wealth more equitably — a core budget principle that could still resonate if the government can communicate it effectively.
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