Politics and the calculus of capital gains

Treasurer Jim Chalmers says reining in NDIS spending will “easily be the most important” source of budget savings as the Albanese Government looks to make the scheme "sustainable".

And while the Treasurer confirmed a "whole range" of tax reforms remain on the table, is consensus growing across political aisles and the community for changes like a gas profits tax?

Meanwhile, One Nations' primary vote has slumped across two key polls today, so is Donald Trump's erratic behaviour causing some blow-back against the minor party?

Patricia Karvelas and Jacob Greber break it all down on Politics Now.

Got a burning question?

Send a short voice recording to PK and Fran for Question Time at thepartyroom@abc.net.auRead PK's analysis here: https://www.abc.net.au/news/2026-04-20/australias-lucky-country-mantle-has-slipped/106581228 Read Jacob's analysis here: https://www.abc.net.au/news/2026-04-18/inflation-war-making-may-budget-harder/106577912