Australia politics live: Albanese denies tax reforms aimed at courting votes from growing gen Z cohort

Angus Taylor to give budget reply speech tonight. Follow today’s news live

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Good morning and welcome to our live politics blog. I’m Martin Farrer with the top overnight stories and then Nick Visser will take the helm (with Krishani Dhanji ready to take over this afternoon in the lead-up to tonight’s budget reply speech from Angus Taylor).

Anthony Albanese has denied that the additional 700,000 gen Z voters being added to the electoral roll by the time of the next federal election was a factor in deciding on the negative gearing and capital gains tax changes in Tuesday’s federal budget. More coming up.