Chalmers, Starmer and Calmer

NAB Morning Call · May 12, 2026 · 13m

Wednesday 13th May 2026NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABWhether it is Chalmers' budget, Starmer’s fight for survival, or the eerie calm of a stalled Gulf ceasefire, the global economic landscape is shifting in ways that are anything but peaceful. Jim Chalmers' first major federal budget has delivered a blow to property perks by ending negative gearing for existing builds, even as an extra $18 billion in government spending threatens to complicate the RBA's fight against inflation. Phil talks to NAB's Gavin Friend about this domestic…