2026-27 Federal Budget: Unpacking the Key Announcements

Treasurer Jim Chalmers handed down the 2026–27 Federal Budget on Tuesday 12 May 2026, and it contains some of the most significant tax changes we have seen for many years.

The headline measures include:

• a fundamental restructure of the capital gains tax discount,
• restrictions on negative gearing for established residential property, and
• a new minimum 30% tax on discretionary trust distributions.

Download our report to read the key highlights.

Hear from our experts

Join our Directors Brett Griffiths & Belinda Crowley, as they unpack the key announcements and discuss their impacts on individuals and businesses in Australia.

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