Budget capital gains tax changes and negative gearing reform explained (opens in new tab)

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? Federal budget 2026 LIVE updates: Australia government budget announcement and speech – latest newsExplore all of our 2026 Australia federal budget coverageGet our breaking news email, free app or daily news podcastThe treasurer, Jim Chalmers, says Tuesday’s federal budget includes “the most significant tax reform package in more than a quarter o...