Labor's negative gearing overhaul is a deliberate pitch to under-34s, while Farrer's 40% One Nation primary reframes the strategic question on the right of politics.

Chapters

(00:00) - Intro

(01:52) - Labor's housing tax reform targets younger voters

(07:10) - Labor's broken promise reframes the election risk

(11:15) - Immigration leads, but renters blame the tax code

(13:54) - Greens and One Nation voters share economic anger

(17:24) - Farrer shows One Nation can win conservative seats

(20:35) - UK Labour halved as Reform leads any new election

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