The Australian Council of Social Service has welcomed the reported changes to capital gains tax and negative gearing - but says the budget must go further on addressing inequity.

Plus - intergenerational equity is one of the key themes of tonight's federal budget.

Some younger Australians have told Radio National Breakfast they're glad the issue is getting attention. 

• Guest: Cassandra Goldie, CEO of the Australian Council of Social Service and young Australians Mykel, Jack, Jules, Kesh and Erika. 
• Producer: Jason Whittaker, Grace Stranger, Katie McAllister