The political landscape in 2026 has taken several unexpected turns. The Labor government moved ahead with reforms to negative gearing and the capital gains tax discount despite earlier indications that such changes were not on the agenda. Meanwhile, the Liberal Party underwent another leadership change, while One Nation has gained noticeable momentum, with recent opinion polls showing increased voter support. In this discussion, political editor Tom McIlroy is joined by Michelle Grattan, chief political correspondent at *The Conversation*, and Melissa Clarke, political correspondent for ABC Radio National. Together, they assess the major political developments of the year so far, evaluate how the key parties have performed, and highlight the issues and political battles likely to shape the remainder of 2026.

Disclaimer: This podcast is taken from The Guardian.