Labor poised to overhaul CGT and negative gearing as the Liberal Party licks its wounds | 7.30

The seismic shock of One Nation's comfortable victory in the Farrer by-election has reshaped Australian politics and raised the stakes on Tuesday's federal budget. 7.30's Political Editor Jacob Greber reports, plus Sarah Ferguson interviews Deputy Liberal Leader Jane Hume and independent MP Allegra Spender. 0:00 - Jacob Greber's budget preview and Farrer by-election breakdown 5:53 - Jane Hume interview 15:07 - Allegra Spender interview Subscribe: https://ab.co/3yqPOZ5 Welcome to ABC News In-depth, where you'll find our long-form journalism and other videos to help you understand what's going on in the world around you. Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 For more from ABC News, click here: https://ab.co/2kxYCZY Get breaking news and livestreams from our ABC News channel: https://www.youtube.com/user/NewsOnABC Like ABC News on Facebook: http://facebook.com/abcnews.au Follow ABC News on Instagram: http://instagram.com/abcnews_au Follow ABC News on Twitter: http://twitter.com/abcnews Note: In most cases, our captions are auto-generated. #ABCNewsIndepth #ABCNewsAustralia