Tuesday, May 12, 2026

Budget capital gains tax changes and negative gearing reform explained

 

Chalmers’ budget whacks Boomer wealth to woo young voters

Changes to negative gearing and tax increases on trusts and capital gains have heralded the end of preferential treatment of asset wealth.


Negative gearing, capital gains tax and family trusts are all facing a big shake-up in the name of intergenerational fairness. How will it all work?