Bond.az reports that Australia's centre-left government is facing voter backlash after breaking election promises to introduce the biggest changes to investment taxes in decades in its latest budget.
The government said it would limit capital gains tax discounts and negative gearing on assets to address intergenerational inequity.
The policies have been criticized for skewing home ownership towards older and wealthier investors.
A Newspoll survey after the budget found 47% of voters believed it would be bad for the economy.
Some 60% of voters said the housing measures were a 'step in the wrong direction' or would 'make no difference.'
The budget had a minus 25 net approval rating, the most unpopular in decades, the poll of 1,252 voters said.
But Labor's primary vote remained unchanged at 31%. PM Anthony Albanese remained voters' preferred leader, with approval steady at minus 17%.
Opposition leader Angus Taylor's approval rose one point to minus 12% but conservative-coalition support dropped one point to 20%. Far-right One Nation gained 3 points to 27%.
A separate Resolve poll of 1,800 voters found the budget dented Labor's primary vote by 3 points to 29%.
Support flowed to One Nation (up 2 to 24%) rather than the coalition (23%).
Taylor became voters' preferred PM, leading Albanese 33% to 30%.
The budget was unpopular among older voters, property investors, and owners, with about 40% in each category saying broken promises damaged their view of Labor.
Younger Australians and renters were less hostile.
Tax reform around property investment is politically risky. Labor vowed not to change housing taxes during its 2025 election campaign before securing a second term.
