{"id":420284,"date":"2026-05-04T15:06:39","date_gmt":"2026-05-04T05:06:39","guid":{"rendered":"https:\/\/www.vibewire.com.au\/?p=420284"},"modified":"2026-05-04T15:06:40","modified_gmt":"2026-05-04T05:06:40","slug":"albanese-faces-backlash-over-election-anniversary-claims-and-housing-policy-shift","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=420284","title":{"rendered":"Albanese Faces Backlash Over Election Anniversary Claims and Housing Policy Shift"},"content":{"rendered":"\n<p>In his first anniversary post, Prime Minister Albanese highlighted efforts to ease cost-of-living pressures, but users pointed to rising inflation at 4.6%, surging electricity prices up 25.4%, and flat real wages. <\/p>\n\n\n\n<p>Critics zeroed in on negative gearing, a tax break <strong>Albanese categorically said was &#8216;off the table&#8217;<\/strong> during the April 29, 2025 debate, yet Treasurer Jim Chalmers now signals budget reforms to limit it and adjust capital gains discounts for better housing affordability. <\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"940\" height=\"788\" src=\"https:\/\/www.vibewire.com.au\/wp-content\/uploads\/2026\/05\/image-3.png\" alt=\"\" class=\"wp-image-420285\" srcset=\"https:\/\/www.vibewire.com.au\/wp-content\/uploads\/2026\/05\/image-3.png 940w, https:\/\/www.vibewire.com.au\/wp-content\/uploads\/2026\/05\/image-3-300x251.png 300w, https:\/\/www.vibewire.com.au\/wp-content\/uploads\/2026\/05\/image-3-768x644.png 768w\" sizes=\"auto, (max-width: 940px) 100vw, 940px\" \/><\/figure>\n<\/div>\n\n\n<p>Labor defends the changes as targeting investors to boost supply for young buyers, amid low rental vacancies and falling home ownership under 40, while opposition figures decry ballooning debt and eroded trust ahead of the May 12 budget.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Treasurer Jim Chalmers now signals budget reforms.<\/p>\n","protected":false},"author":22,"featured_media":262046,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[273,35],"tags":[9031],"class_list":["post-420284","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australia","category-breaking-news","tag-anthony-albanese"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/420284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=420284"}],"version-history":[{"count":1,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/420284\/revisions"}],"predecessor-version":[{"id":420286,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/420284\/revisions\/420286"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/media\/262046"}],"wp:attachment":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=420284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=420284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=420284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}