Albanese and Chalmers set to break election promises on housing and capital gains taxes
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Albanese and Chalmers set to break election promises on housing and capital gains taxes

May 12, 2026
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Posted 4 hours ago by

Sky News host Chris Kenny discusses how Prime Minister Anthony Albanese and Treasurer Jim Chalmers are set to break their election promises related to taxes on housing investments and capital gains. “The budget's only a couple of hours away now, journalists, analysts and interest groups are in the budget lockup, reading the details, writing the analysis, waiting to burst back into the real world at 7:30 tonight when the Treasurer gets to his feet in Parliament,” Mr Kenny said.

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“Anthony Albanese and Jim Chalmers are going to break another election promise. They are going to do what they promised, repeatedly, they would not do."

Sky News Australia
Sky News Australia

Coverage and analysis from Australia. All insights are generated by our AI narrative analysis engine.

Australia
Bias: right

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