What the Budget means for you
Choose the situation that best fits you and read the practical implications. Most clients will find more than one page relevant — for example, an SMSF member who also owns a rental property should read both. Each page covers what’s changing, when it takes effect, who is affected and what to consider doing next.
Reminder: Several measures announced in the 2026–27 Budget are not yet law and may change during parliamentary consultation. The content in these pages is general guidance only. Where decisions matter to your circumstances, please book an appointment so we can model the numbers for you.
Choose your situation
Seven short pages covering the major Budget changes and the practical impact for each of our main client situations.
I earn a wage or salary
Three tax cuts between now and 2027–28, a new $1,000 instant deduction, and the $250 Working Australians Tax Offset.
Read about employee changesI own (or am buying) an investment property
Negative gearing limited to new builds from 1 July 2027, plus the end of the 50% CGT discount on property.
Read about property changesI hold shares or other investments
The 50% CGT discount is being replaced with indexation, and a 30% minimum tax applies to real gains.
Read about CGT & share changesI run a business through a trust
A 30% minimum tax on discretionary trusts from 1 July 2028, with three-year CGT-free rollover relief to restructure.
Read about trust changesI run a small business (other structures)
$20,000 instant asset write-off made permanent, loss carry-back relief returns, and PAYG flexibility.
Read about small business changesI have a Self-Managed Super Fund
Division 296 starts 1 July 2026 for balances over $3 million. The cost-base reset election needs careful planning before 30 June 2026.
Read about SMSF changesI'm retired or close to it
Private health insurance rebate cut for 65+, CGT changes, pension supplement updates and Division 296 if applicable.
Read about retirement changesWant the numbers run for your situation?
These pages are general information for our client base. If you'd like us to look at the specific impact for your structure, income, property holdings or super, that's a conversation we'd rather have than a page we can write.