Blog post
March 24, 2025

Who Really Sets the Budget Agenda—Media or the Public?

Who’s shaping the conversation around the 2025 federal budget—traditional media or the public? News coverage has framed the budget through a global lens, linking economic policy to Donald Trump, NATO spending, and deregulation. But on social media, the focus is closer to home. Early discussions revolved around tax cuts and cost-of-living relief before shifting to Medicare funding, public service job cuts, and the real-world impact of budget decisions.

This divide reveals a growing disconnect between political narratives and public concerns. While news dissects party strategy and fiscal responsibility, online conversations highlight frustration over essential services and household finances. As the budget approaches, the real question is: Will media framing or public sentiment ultimately shape how Australians respond?

In January 2025, the Australian federal budget was shaped by how media coverage highlighted global influences, particularly Donald Trump’s calls for NATO defence spending increases, framing Australia’s defence and trade priorities. The Australian Strategic Policy Institute argues Australia must “do more, spend more, risk more” in response to global threats, shaping debates within the Coalition. However, social media discussions focus more on direct budget impacts, particularly tax cuts and cost-of-living concerns. News outlets like The Australian and Herald Sun cover the growing budget deficit and fiscal responsibility, but social media sees widespread criticism of tax cuts, seen as election tactics without addressing inflation and essential services.

Public discussion is more engaged in how the budget affects areas like cost of living pressures like healthcare and education, with Channel 7 Sunrise and Weekend Australian reporting on inflation and its link to energy security. Social media engagement on Trump’s influence is secondary to local concerns, such as “bracket creep” and rising bills, reflecting a shift away from global issues like NATO, which are less discussed compared to the deficit and inflation impacts. This shows how social media conversations are focused on tangible, personal consequences, contrasting with news coverage that intertwines global and domestic policy discussions.

In February 2025, federal budget coverage often referenced Donald Trump’s economic policies, with references to comparing the Business Council of Australia’s tax cut push to Trump’s pro-business, deregulation agenda. Commentary like Ross Gittins’ SMH piece, discusses reduced government spending and red tape to similar policies abroad. On social media, tax cuts dominated early discussions, with many arguing the opposition’s focus on cuts and deregulation echoed past policies that ignored inflation and wage stagnation. Labor’s staged approach—tackling inflation before tax relief and healthcare investment—was seen by some as pragmatic, while others dismissed it as political manoeuvring. Comparisons to Trump-era tax cuts emerged, with debate over whether similar policies would work in Australia.

As the conversation evolved, Medicare and healthcare funding took centre stage, drawing more attention than Trump or the budget deficit in news coverage. Viral posts criticised past Coalition cuts to Medicare, bulk billing, and aged care, warning of further reductions under Peter Dutton. Others pointed to his past role in Coalition health policies, questioning his commitment. Job cuts to public services were also a concern, with warnings of delayed Medicare processing and added pressure on frontline healthcare workers. While news coverage framed the budget around political strategy and fiscal policy, social media reflected shifting anxieties—first tax cuts, then healthcare access and economic fairness.

In March 2025, media coverage of the Australian federal budget has centred on the impact of Donald Trump’s tariffs, with news outlets highlighting concerns over trade tensions and their effect on Australia’s economy.

On social media, the focus has shifted to domestic issues like tax cuts, the budget deficit, and cost-of-living relief. Reports from Crikey and ABC News on the budget deficit have sparked social media debates about the sustainability of the government’s financial strategy. While some defend Labor’s post-COVID measures, including a $1.8 billion energy rebate, others criticise the government’s handling of inflation and the deficit. Social media reactions are more focused on domestic policy choices than global trade concerns, often reflecting more critical and emotionally charged reactions to leadership and policy, contrasting with the neutral, policy-focused tone of traditional news. The coverage also shows how economic issues are framed differently, with media offering analysis and social platforms fostering more polarised debates, suggesting the growing influence of grassroots concerns in shaping political discourse.

The Australian and ABC News set the agenda for this year’s federal budget coverage, shaping how key issues are framed for the public. Some leading stories published by The Australian centres on Coalition divisions, portraying the budget as a test of Peter Dutton’s leadership amid concerns over a weak economic agenda. MPs warn that an overemphasis on public service cuts and a lack of compelling policies—particularly on cost-of-living relief like energy rebates—could undermine voter confidence. The coverage highlights the Coalition’s struggle to present a credible alternative to Labor while managing internal pressure to adopt bolder economic policies.

ABC News, meanwhile, leads with the direct impact of the budget on households, reporting on electricity price hikes and their uneven regional effects. It also broadens the discussion by linking fiscal policy to social outcomes, with one popular story focusing on the Productivity Commission’s report on rising Indigenous incarceration rates reinforcing the stakes of government spending choices. This contrast in coverage underscores how print media frames the budget as a political contest, while broadcast news tends to focus on its real-world consequences.

The high engagement across news outlets such as ABC, Australian Financial Review, Crikey, The Saturday Paper, The Sydney Morning Herald, and 9News highlights a clear audience focus: A widely shared ABC article highlights how the Albanese government plans to address rising costs with energy bill relief, resonating with audiences concerned about personal finances. Crikey’s commentary on the political clash between Labor and the Coalition, particularly over spending commitments, engages audiences with broader political implications. Similarly, the Sydney Morning Herald focuses on surprise revenue gains and potential energy relief, speaking to voters affected by rising electricity costs.

Audiences appear particularly engaged by news that ties political decisions directly to their personal and family financial realities—whether through energy cost relief, healthcare funding, or discussions around budget deficits. The framing of economic policies as part of an election strategy intensifies political rivalry, especially with stories positioning the Coalition’s fiscal responsibility as a counter to Labor’s spending.

Social discussion reflects a positive outlook on the Labor budget, highlighting confidence in the government’s actions, particularly in disaster relief and economic recovery. Supporters see the budget as a chance to showcase progress, with a focus on strengthening the safety net and easing cost-of-living pressures. However, scepticism remains over wage growth, spending priorities, and whether rising defence costs align with immediate domestic needs. This tension underscores a broader divide in Australian perspectives—between those who view the budget as reinforcing long-term progress and those who question whether media narratives either overstate recovery or fail to scrutinise key trade-offs. The debate also signals a pushback against selective media framing, as Australians navigate between government messaging and critical scrutiny of economic challenges.

Engagement with budget discussions on social media shows how politicians, journalists, and the public interact. Labor politicians use social media to promote the budget and counter opposition views, while political enthusiasts offer independent analysis. Journalists from outlets like Crikey and News.com.au provide investigative insights. Political influencers, with strong ideological leanings, generate engagement through hyperbolic framing, reinforcing confirmation bias. While politicians shape how the budget is understood, media outlets, despite smaller engagement, still play a crucial role in framing key updates, highlighting the fragmented nature of audience reception and the influence of partisan messaging.

The 2025 federal budget debate highlights the growing divide between media narratives and public concerns. While traditional outlets focus on political strategy and fiscal policy, social media engagement reveals a stronger emphasis on tax cuts, Medicare, and cost-of-living relief. This shift underscores the need for messaging that resonates with lived experiences.

As election season approaches, the question remains: Will political leaders adjust their approach to reflect public sentiment, or will the disconnect between media coverage and voter priorities continue to shape the debate?

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If there’s one topic Australians never tire of debating, it’s housing. Whether it’s at the pub, around the dinner table, or dominating headlines, property prices, rent hikes and the “can I ever afford a home?” questions are constant fixtures of the national conversation.

But let’s be honest—rising house prices aren’t new. What is changing is how the conversation is evolving, who’s shaping it, and which narratives are starting to stick.

 Using Lumina’s Stories and Perspectives, we analysed 19 stories and over 50 perspectives across a 30-day period from 15 March to 14 April 2026 to understand what’s actually driving the housing narrative in Australia right now—and why it matters. 

 

Which are the stories shaping conversation and who's driving it?

 

 

Housing Supply and Affordability Divide — Analysts and economists link supply shortages directly to soaring prices. Cities that built more homes saw far less price growth. 

Key drivers: Gerard Burg (Cotality), Peter Tulip (Centre for Independent Studies), Australian Associated Press

Tax Reform Debates Heat Up Ahead of Budget — 14 competing perspectives. Advocates say reforms are essential for fairness; the property industry warns they’ll push rents up 30%. 

Key drivers: Anthony Albanese, Jim Chalmers, Angus Taylor, Housing Industry Association, Saul Eslake

Grattan Institute Connects Housing to Democratic Trust — A major report argues that the housing crisis is eroding public confidence in democracy itself. 

Key drivers: Aruna Sathanapally, Grattan Institute

 

 

Australians make housing supply the biggest story


This perspective was
100% of the coverage of this story and generated 85 media items, making it the most widely covered story of the entire period. The main insight is the public drawing a direct line between housing supply levels and property prices across Australia’s capital cities. 

Perth and Brisbane, where home construction has lagged well behind population growth since the pandemic, have seen property values surge massively. Meanwhile, Victoria — which built a proportionally higher number of new homes — saw less growth, compared to the national average.

It ran everywhere from PerthNow to regional papers across NSW and Victoria. The fact that the Australian Associated Press syndicated the data meant it hit dozens of outlets simultaneously.

 

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The key drivers are property analysts Gerard Burg from Cotality and Peter Tulip from the Centre for Independent Studies. Both are pushing the same message. If you want to fix affordability, you have to fix supply. Their proposed solution is liberalising zoning laws, particularly in NSW and Victoria, to allow more homes to be built faster. 

 

Why does this matter for communicators?

This story had the widest media footprint of the entire period, reaching outlets from The West Australian to regional mastheads across the country. If your organisation operates in housing, property, or urban planning, the “supply-equals-affordability” narrative is now firmly established in public discourse, and therefore, your messaging needs to account for it. Audiences know of the supply argument before, and with experts aligned on the issue, it’s harder for policymakers to dismiss it easily. 

It’s also worth noting how the analysis around who the key drivers are adds a layer traditional media monitoring might miss. The AAP’s role as the primary distribution channel meant this story reached dozens of the bigger mastheads like PerthNow and The West Australian  and  hyperlocal outlets like the Cobram Courier and Benalla Ensign, simultaneously. For communicators, this distribution pattern indicates that a story has penetrated both metropolitan and regional audiences, making it impossible to dismiss as just a capital-city concern.  

 

Tax reform rebates are the most contested story of the month

The housing tax reform debate was the most contested generating 14 distinct perspectives across 23 media items becoming by far the most multi-sided story of the month. However, the top three perspectives were the most interesting to look at considering how disputed the opinions of either side are and sit at the highest level in the government. 

At the centre of it is the Albanese Government’s consideration of reducing the capital gains tax discount and limiting negative gearing ahead of the May budget. The country is essentially split down the middle on this one. 

Perspective 1: This made up for 34.8% of the story coverage. Prime Minister Anthony Albanese, Treasurer Jim Chalmers, and housing advocacy group Everybody’s Home are arguing that the current system unfairly benefits wealthy investors while locking out first-home buyers. Economist Saul Eslake backs this view. Together, they account for about a third of the story’s total coverage.

Perspective 2: This had an equal share in coverage at 34.8% of the story. Opposition figures Angus Taylor, the Housing Industry Association, and Victorian Libertarian Party Leader David Limbrick are warning that scrapping these tax incentives will scare off investors, shrink rental supply, and push rents up by as much as 30%. They command an equal share of the conversation (Herald Sun)

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What’s interesting is what sits beneath these two dominant perspectives. A third angle that was 17.4% of the story coverage  was driven by Chalmers and Greens Senator Nick McKim, frames the whole debate as a question of intergenerational fairness. And then there are the young “rentvestors” who rent where they live but own an investment property elsewhere. They’re worried about getting caught in the crossfire of changes that weren’t designed with them in mind (Australian Financial Review)

Trust is eroding in the Australian democracy — and housing is the problem

The Grattan Institute released a report warning that trust in Australian democracy is under pressure, and housing is one of the reasons why. This soon became the second biggest story, generating 58 media items. 

Led by Grattan CEO Aruna Sathanapally, the report argues that persistent inequality, including the housing affordability gap, is eroding the social contract between citizens and government. The report explicitly names the housing crisis as one of the major unresolved challenges fuelling public disillusionment. Sathanapally is the key driver of this story, commanding over 93% of its coverage. Her influence matters because she’s reframing housing as something bigger than an economic problem. She’s positioning it as a threat to democratic stability. That’s a powerful narrative shift, and one that gives housing advocates a new way to make their case. 

For anyone in public affairs or government communications, this connection between housing and democratic trust is worth watching. It’s the kind of framing that can reshape how policymakers prioritise the issue. 

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How does this inform PR & Comms strategy?

  1. Know which side of the debate your audience sits on: The tax reform story alone has 14 perspectives. If you’re crafting messaging around housing policy, understand which perspective your stakeholders identify with and who they consider a credible voice. A one-size-fits all approach might not work.
  2. Follow the key drivers, not just the headlines: The unexpected pairing of Greens Senator Nick McKim with Treasurer Chalmers on intergenerational fairness suggests this issue is cutting across traditional party lines in ways that could reshape coalition dynamics. Meanwhile, the "rentvestor" audience represents a politically orphaned group that neither side of the debate is referencing or considering, making them a potential swing audience whose concerns could quietly shape how any reform actually lands.
  3. Watch the emerging narratives: One Nation’s growing support, the “rentvestor” demographic, and the connection between housing and democratic trust are all stories that could become dominant in the months ahead. 

 

What does this tell us about the Australian housing conversation?

It’s not a new crisis anymore. It’s a nationally entrenched issue that is now being addressed by the public by way of debates along with policymakers and experts at the highest government level. These debates are on solutions, trade-offs and fairness. The conversation is much more sophisticated where audiences are not just talking about “prices being too high”, but discussing supply, investments, short term relief vs long term reform. What’s also essential is to look at the key drivers or the key voices driving the top narratives.  From economists to policymakers to advocacy groups, the voices gaining traction are influencing how the issue is understood and what solutions feel viable.

Understanding not just what’s being said, but who is driving the conversation and why it’s resonating, is becoming critical for organisations looking to engage credibly. That’s where Lumina’s Stories and Perspectives comes in, helping you move beyond headlines to uncover the narratives and voices shaping the issues that matter most. 

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Want to see these insights for your own industry or brand? Discover what Lumina Stories and Perspectives can surface for you.

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What’s really driving Australia’s housing conversation right now?

Explore how housing in Australia has become a nationally entrenched issue where audiences participate in shaping conversation as much as the policymakers.

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The media landscape is accelerating. In an era where influence is ephemeral and every angle demands instant comprehension, PR and communications professionals require more than generic technology—they need intelligence engineered for their specific challenges.

Isentia is proud to introduce Lumina, a groundbreaking suite of intelligent AI tools. Lumina has been trained from the ground up on the complex workflows and realities of modern communications and public affairs. It is explicitly designed to shift professionals from passive media monitoring back into the role of strategic leaders and pacesetters. 

“The PR, Comms and Public Affairs sectors have been experimenting with AI, but most tools have not been built with their real challenges in mind.” said Joanna Arnold, CEO of Pulsar Group

“Lumina is different; it is the first intelligence suite designed around how narratives actually form today, combining human credibility signals with machine-level analysis. It helps teams understand how stories evolve, filter out noise and respond with context and confidence to crises and opportunities.”

Setting a new standard for PR intelligence

Lumina is centered on empowering, not replacing, the human element of communications strategy. This suite is purpose-built to help PR, Comms, and Public Affairs professionals significantly improve productivity, enhance message clarity, and facilitate early risk detection.

Lumina enables communicators to:

  • Understand & Interpret: Move beyond basic alerts to strategically map the trajectory and spread of narrative evolution.
  • Focus & Personalise: Achieve the clarity necessary to execute strategic action before critical moments pass.
  • Execute & Monitor: Rapidly deploy strategy firmly rooted in real-time, actionable insight.

Get a demo today: Stories & Perspectives module

We are launching the Lumina suite by making our first module immediately available: Stories & Perspectives.

In the current fragmented, multi-channel media environment, communications professionals need to be able to instantly perceive not just how a story is growing, but also how it is being perceived across different stakeholder groups.

Stories & Perspectives organizes raw media mentions into clustered, cohesive Stories, and the Perspectives that exist within each, reflecting distinct media, audience, and public affairs angles. This unique functionality allows users to:

  • Rise above the noise: Instantly identify which high-level topics are gaining momentum or fading from attention.
  • Get to the detail, fast: Uncover the influential voices, niche communities, and specific channels actively shaping the narrative.
  • Catch the pivot point: Precisely identify the moment a story shifts—from a strategic opportunity to a reputation risk—or when a new key opinion former begins guiding the conversation.

"Media isn’t a stream of mentions," said Kyle Lindsay, Head of Product at Pulsar Group. "But rather a living system of stories shaped by competing perspectives. When you can see those structures clearly, you gain the ability to understand issues as they form, anticipate how they’ll evolve, and act with precision. That’s what we mean when we talk about AI built for communicators, and that's what an off-the-shelf LLM can't give you."

The Lumina Roadmap: AI tools for the future of comms

The launch of Stories & Perspectives is the first release of many. Over the upcoming months, we will systematically roll out the full Lumina roadmap, introducing a comprehensive set of AI tools engineered to handle every phase of the communications lifecycle.

The full Lumina suite will soon incorporate:

  • Curated media summaries: AI-driven daily summaries customized specifically to the priorities of senior leadership, highlighting only the most relevant stories.
  • Reputation analysis: Advanced measurement tracking how critical themes like ethics, innovation, and leadership are statistically shaping corporate perception.
  • Press release & media relations assistant: Tools designed to accelerate content creation and craft hyper-focused, personalized pitches that reach the precise contacts faster.
  • Predictive intelligence layer: Technology engineered to track and anticipate story momentum and strategic change before the window of opportunity closes.
  • Intelligent agents: Background agents continuously scanning all media channels for emerging key spokespeople and previously undetected reputation risks.
  • Enhanced audio, broadcast & crisis detection: Complete, real-time oversight of all channels—including audio and broadcast—enabling rapid context building and optimal crisis response delivery.


Want to harness the power of Lumina AI for your PR, Comms, or Public Affairs team? .

Complete the form below to register your interest.

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Announcing Lumina: The purpose-built AI suite for PR, Comms, and Public Affairs

An intelligent suite of AI tools trained on the language, workflows, and realities of modern public relations and communications.

Ready to get started?

Get in touch or request a demo.