Labor wants its budget to be seen as a concrete step towards levelling the playing field between the generations. But Newspoll suggests it’s the most unpopular federal budget in more than 30 years. Across the polls, Labor’s support is steady or declining, while One Nation rises above the Coalition. Will bolder economic policies from Labor and the Coalition stop the collapse of Australia’s two-party system and the rise of minor parties and independents?Today, Michelle Grattan, political correspondent at The Conversation and professorial fellow at the University of Canberra on the reaction to the budget. Featured: Michelle Grattan, political correspondent at The Conversation and professorial fellow at the University of Canberra

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“What did the council decide on item 42?” — answered with the speaker and the moment.