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Young Aussies have dismissed the Labor Budget aimed at helping them, while baby boomers told Daily Mail they are incensed by the tax changes set to hit their savings.
Treasurer Jim Chalmers said he was delivering a radical landmark Budget to address intergenerational wealth and give the young more chance in the housing market.
Bondi locals questioned whether it will spread wealth, but was certain it will impact those wanting to invest in properties, while forcing rent to go up.
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Full story: https://www.dailymail.com/news/article-15813431/federal-budget-2026-reaction-baby-boomers-gen-z-negative-gearing-cgt-bondi.html
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