2026 Federal Budget

​The Budget positions these reforms as:

• a shift away from tax concessions tied to asset ownership,

• an attempt to improve housing affordability,

• a move toward taxing wealth and capital more heavily relative to wages.

The measures remain subject to:

• legislation being passed by Parliament,

• possible Senate amendments,

• strong political opposition and industry lobbying

 

The best strategy for investors is still to wait and assess the detail of any changes once legislated, including timing, implementation, and transitional arrangements as the risks of reacting too early can be significant.​