13/05/2026
Last night’s Federal Budget has been released — here’s a quick overview of what it could mean for you.
🏠 Investors
Negative gearing will no longer apply to properties purchased from today, effective July 2027 (new builds exempt). Existing owners won’t be affected. The Capital Gains Tax (CGT) discount will be replaced by an inflation-adjusted model with a 30% tax floor from July 2027.
🔑 Homebuyers
Removing negative gearing can level the playing field at auction. A $2 billion infrastructure investment is expected to unlock 65,000 new homes. The foreign buyer ban on existing homes has been extended to 2029.
👨👩👧 Households
From FY26/27, up to $1,000 in work expenses may be claimable without itemising receipts. A new tax offset is expected to save eligible workers around $250 per year from FY27/28.
💼 Small Business
The $20,000 instant asset write-off will become permanent. Loss carry back allows eligible businesses to offset recent losses against previous profits for potential refunds.
🚗 Drivers
Electric Vehicles under $75,000 will retain their Fringe Benefits Tax (FBT) exemption. The fuel excise discount ends July, which may result in higher fuel prices at the pump.
Whether you’re an investor, aspiring homebuyer, homeowner or business owner, we can help you understand how these changes may impact your lending and financial strategy.
📩 Get in touch to discuss your options.
