Is the budget about to smash property investors?

Anthony Albanese is about to break a major election promise. Next week’s budget will reveal just how dramatic the government’s changes to generous tax breaks for property investors will be. The expected shake up to negative gearing and the capital gains tax discount follows the prime minister’s promises during the last election campaign to leave the arrangements as they were. Have concerns around generational inequality in housing made breaking an election promise feasible? Today, host of ABC Radio’s AM program, Melissa Clarke, on the prime minister’s gamble. Featured: Melissa Clarke, political correspondent and host of ‘AM’