Political editor Phillip Coorey on the government’s budget backdowns, the increasingly crowded field in Australian politics and why it will be a bumpy two years to the next election.

This podcast is sponsored by Workday

Further reading:

PM wins round one of the budget battle, at a cost
Proper process, good policy and taxpayers’ money were among the casualties of this week’s rush to legislate the budget.
Finally, the teals discover that the Senate is where it’s at
By forming a new party – Community Strong Australia – lower house independents are finally realising that true policy influence lies in the upper house.
While Hanson stumbles, Taylor’s Coalition is quietly sinking
One polling setback does not a crisis make for One Nation, but it is a reminder that major parties are subject to more questioning and scrutiny.

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Wealth reporter Andrew Hobbs and property reporter Lucy Slade unpack our national obsession, explain why property has been such a powerhouse, and ask a previously unthinkable question: Is investing in property even worth it anymore?

This podcast is sponsored by Workday

FURTHER READING:
Should you buy an investment property after the budget changes?
New restrictions on negative gearing and capital gains tax alter the appeal of residential property.

Economists say property prices might fall 10pc. So what?
With property prices up 400 per cent since 2000, what does a 10 per cent drop actually mean? And what happened the last time governments made major changes to property taxes?

Sydney renters drowning amid record rent rises
Rental prices are at record highs nationallypushing Sydney’s median to $841 a week, due to the vast shortage of homes available

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Professional services editor Edmund Tadros on the fallout from the KPMG scandal and what the government might do to bring the big four accounting firms into line.

This podcast is sponsored by Workday

Further reading:
KPMG’s ‘10-hour masterclass in how not to respond to a crisis’
By repeating PwC’s crisis-management mistakes, KPMG has forced a reluctant federal government to finally pull the trigger on unprecedented structural reforms.
No timeline for big four reform despite PwC, KPMG scandals
Assistant Treasurer Daniel Mulino says reform is “real priority for the government”, but concedes there is “no particular timeline” for new rules.
Inside Project Magenta: How Allens gave KPMG a pass on leaks
The law firm cleared the company of partner misconduct without interviewing a single outsider and using a literal reading of the allegations.

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