LUKE CROSS, HOST: Prime Minister of Australia, Anthony Albanese. How are you, mate?
ANTHONY ALBANESE, PRIME MINISTER: Good morning. I am very well.
CROSS: It's all going well. Of course, that kind of thing never happens, but once I get the Prime Minister on, I accidentally hit a button that makes it continue on. But anyway.
PRIME MINISTER: We got an ad.
HOST: It's a tough job. Who'd want to do it? This bloke would. Albo, our Prime Minister. Thank you for joining us today.
ANTHONY ALBANESE, PRIME MINISTER: G’day Mick and team.
HOST: Yeah, great to have you on board. I'll give you a free hit. Just to begin, Prime Minister, our core audience is men 10 to 54. What's in this Budget for them?
PRIME MINISTER: Tax cuts. The total now $2,800 back into the pockets of Australians on the average income.
HOST: Yep.
SARAH FERGUSON, HOST: Joining me now is the Prime Minister, Anthony Albanese. Prime Minister, welcome.
ANTHONY ALBANESE, PRIME MINISTER: Good to be with you.
FERGUSON: You said on multiple occasions before the election that you would not touch negative gearing or capital gains. How would you describe those statements now?
PRIME MINISTER: Well, we've changed our position –
FERGUSON: No, how would you describe those statements now?
OLIVER PETERSON, HOST: The Prime Minister, Anthony Albanese, joins you and me on Drive from Parliament House in Canberra. Good afternoon.
ANTHONY ALBANESE, PRIME MINISTER: Good afternoon, Ollie. Good to be with you.
HOST: And the Prime Minister is with us from Canberra. Prime Minister, thank you for your time. Why should our viewers believe what you say to them right now if you're not a man of your word?
HOST: Prime Minister, good morning and thank you so much for joining us.
PRIME MINISTER: Good morning. Great to be with you.
SARAH ABO, HOST: To discuss, Prime Minister Anthony Albanese joins us live now from Canberra. Prime Minister, good morning to you. Has your word ever been your bond?
JAMES GLENDAY, HOST: We have just been chatting to the Prime Minister Anthony Albanese as he got mic’ed up and he joins us now. Prime Minister, welcome to News Breakfast.
ANTHONY ALBANESE, PRIME MINISTER: Good morning.
GLENDAY: Look, why now? Why did you decide this was the time to make these changes to property taxes?
HOST: Good morning, Albo.
ANTHONY ALBANESE, PRIME MINISTER: Good morning.
HOST: Morning Albo. A couple of us have just been knocking off a bit of breakfast. Have you been doing the same.
MEL CLARKE, HOST: Prime Minister, thank you for joining AM this morning.
PRIME MINISTER: Good to be with you, Melissa.
CLARKE: Now, we've just heard about the details of the changes to negative gearing and capital gains and trusts. Do you have a mandate for this, given you ruled it out at the election?