Austria's newly proposed coalition government, formed by ÖVP, SPÖ, and Neos, has unveiled its program amidst mixed reactions.

While the plan includes measures like increased bank levies and a rent cap for certain households, critics argue it disproportionately burdens low-income families, pensioners, and the unemployed.

Wealth taxes and inheritance taxes remain absent, sparking debates on fairness.

Environmental policies have also drawn backlash, with cuts to green subsidies and the removal of the climate bonus, making eco-friendly choices more expensive.

Meanwhile, the Neos party faces internal challenges as members vote on joining the coalition, with a two-thirds majority required for approval.

The outcome could shape Austria's political landscape for years to come.