Abolishing negative gearing for new investors, overhauling the capital gains tax discount and major cuts to the NDIS were were all expected in Tuesday night’s budget.
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But what else was in there, and what does Jim Chalmers’ 2026 budget mean for Australians? Guardian Australia’s Matilda Boseley explains this year’s winners, losers and surprises
Budget 2026 Australia: Jim Chalmers goes for broke in federal budget facing twin threats of housing pain and Iran war disaster ► https://www.theguardian.com/australia-news/2026/may/12/australia-federal-budget-2026-tax-capital-gains-negative-gearing-economy-housing-ndis-cost-of-living-oil-prices
Budget capital gains tax changes and negative gearing reform explained ► https://www.theguardian.com/australia-news/2026/may/12/australia-federal-budget-2026-tax-reform-capital-gains-cgt-changes-negative-gearing-housing-first-time-home-buyers-investors-explained
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