Newspoll didn’t report this week on its normal three-weekly schedule, presumably to allow clear air for the Farrer by-election. But we do have the weekly result from the ever-reliable Roy Morgan, which had Labor up a point to 30.5%, the Coalition up one to 25%, One Nation up half to 22% and the Greens down one-and-a-half to 11.5%. Labor’s two-party lead narrows from 54.5-45.5 to 53.5-46.5 on respondent-allocated preferences, and from 53-47 to 52.5-47.5 on preference flows from the 2025 election. The poll was conducted last Monday to Sunday from a sample of 1605.
Honestly it’s probably a good time to do changes to negative gearing in that I mean it’s high on impossible for Coalition to get back into government next election and I know people say Tony Abbott but Tony Abbott put them in minority government then got elected and I highly doubt Angus or who’s the other dude have the intelligence to do with Tony did
Changing tax setting is now “betrayal”. Pull the other one Wilson.
Dr Doolittlesays:
Tuesday, May 12, 2026 at 9:06 pm
nath at 7.36 pm
“But what a cowardly move re the gambling report. really really low.”
Yes, indeed. Did you see the distraught Collingwood supporter who had put himself (and no doubt others) through the gambling addiction whirlpool and is so traumatised that he can’t watch Pies matches live, lest his nether self gets the better of him and drags down his finances again? (ABC News)
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Got sucked in by the Collingwood good years when he probably made money betting on them, like 2023. Now there not so good he is losing big time on them. The good times never last, as a Richmond supporter I know. Collingwood has a full rebuild coming soon too. So stop wasting your money by betting on them.
This is possibly one of the greatest budgets this government has produced, along with the 2022/2023 budget.
The only problem with the budget; we are going to have to put up with weeks of bullshit.
SLsays:
Tuesday, May 12, 2026 at 9:03 pm
Sorry, Barnaby, you can’t create new forms of energy.
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The laws of thermodynamics are absolute you tosser Barnaby.
https://www.youtube.com/watch?v=tuxbMfKO9Pg
Nor me!
Can you believe that the 47th parliament already feels kinda nostalgic? And we’re not even a year into the 48th parliament.
Thomas Brian Mutter
So … not a very high bar then?
I recall Tim Wilson’s taxpayer-funded disinformation sessions on taxation in the lead-up to the 2019 election. Pensioners who didn’t have shares upset about franking credits they didn’t get. An attack on property speculators is an attack on battlers. Abolishing novated leases would hit nurses. That sort of thing.
We’ll see the same crap again.
Does anyone recall a good ATM budget? Apart from Almost Back In Black?
“So … not a very high bar then?”
Top 5 at least.
About time we have a proper labor budget. Only betrayal is we have waited a full term for it to happen.
Though has anyone seen Barnaby’s appearance lately?
If there was a poster person for the second law of thermodynamics it would be him. “All things tend to decay” but some do appear to decay faster then others.
“Umm yeah nah, lets see the opposition go to an election promising to reinstate the neg gearing changes, cut taxes on family trusts and capital gains and reverse all the income tax cuts.”
That is a place we have been before?? 🙂
It had occurred to me that Barnaby is very entropyish lately.
I think you mean the third.
Steve777 yeah but the problem is Tim Wilson is talking to the elderly which is already going to vote for the liberals the budgets for the younger people who are going to be voting more now that’s why I think labour is doing this budget they know that they need to get the young people on their side because the elderly’s well not to be dark probably not going to be around too long
At least Albo said the quiet part out loud when he said that he was going to run the government like how Hawke did.
“Hey look – Melissa Clark!”
Ahh … the one known for sitting front row of a Liberal Party campaign launch looking adoringly at Tony Abboot?? 🙂
Luigi Smithsays:
Tuesday, May 12, 2026 at 9:26 pm
Does anyone recall a good ATM budget? Apart from Almost Back In Black?
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Don’t recall any good ones just a lot of shysters doing smoke and mirror tricks. Some horrendous ones like the one just before Smokin “Joe had left and gone away”. The pay no attention to the dodgy figures behind the curtain, the great and powerful Frydenberg has spoken and a budget surplus is now a fixed point in time and space, was a pretty horrendous budget failure too.
Tim Wilson is a fwarkwit.
Yup, Freedom Boy will run old arguments that apparently worked in 2019 …….. but, this Budget seems pretty squarely aimed at 2028 when the effects of these changes will have been seen to flow through. Short term …yah, some will panic, but that will die down by then and the people panicing I frankly have little sympathy for.
Good to see the commentary that Albo / Chalmers are undoing some of the structural damage that Howard / Costello did to the economy. 🙂 Wont lose them any votes. 🙂
“I know people say Tony Abbott but Tony Abbott put them in minority government then got elected and I highly doubt Angus or who’s the other dude have the intelligence to do with Tony did”
@Quentin Rountree
It’s not about intelligence with Tony Abbott it’s more about talent. He has a talent for tearing something down. It’s doesn’t take that much intelligence framing the debate with a simple narrative ‘a great big tax’. But when he was in government he got found out that there was no substance or intelligence behind the slogans and he couldn’t even last two years as PM before his colleagues gave him the boot. With Abbott it was never about intelligence. Oh and the damaging slogan he used in the 2010 campaign ‘Stop the boats, stop the waste, and repay back the debt’ was political strategist Mark Textor’s idea not Abbott’s.
$36 billion slashed from the NDIS, a budget built on the backs of the disabled
Interesting approaches re CGT, including bringing pre-1985 assets into the system for the first time, negative gearing and trusts
Financial planners will be rubbing their hands together as they restructure rich folks affairs
Yes promises were broken but good to see some movement on things that were badly distorting the system
Standard deduction is a good idea, WATO not so much especially as it’s not means tested
Will the government move the massive reductions to the NDIS out of the budget? That’s likely the only part of the budget the Greens won’t support
Good point by Larissa Waters re everyone being impacted by the cost of living crisis but there being nothing in the budget for those most in need i.e. the unemployed etc
And finally
Pathetic action on the Murphy Review that they tried to sneak out under the cover of the budget, it won’t work imo
Steve777says:
Tuesday, May 12, 2026 at 9:30 pm
If there was a poster person for the second law of thermodynamics it would be him. “All things tend to decay” but some do appear to decay faster then others.
I think you mean the third.
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I think I know my own law. You are obviously living in a closed system with that sort of thinking.
Google “all things tend to decay” and see what you get. I actually do it often and it is called egosurfing I believe.
Yeah political Watchmen Tony Abbott was pretty good at destroying and you’re right once he got into government oh boy that was funny but what I meant to say is that they don’t have a Tony Abbott at best they got a Angus Taylor and another person to destroy labour with the liberals at the weakest probably take another at least 2031 try and get back into government also I didn’t know that someone else created stop the boats learn something new each day
Entropy @ 9:38p
Hey hey hey
Tony Abbott is an intellectual of sorts. He has the mindset of a warrior, or at least a cultural and political one. But he can’t govern to save his life.
Jess Phillips resigning from the Government, it was looking like Starmer might survive but not so much so now
Her letter WOW
Some overdue changes. That is good. Very overdue, great..very good.
Does it address future challenges…….
A touch.