The Federal Budget focuses on cost‑of‑living relief, budget repair and structural tax reform. While most relief is targeted at workers and small businesses, investors and trust structures will face significant change over the coming years.
Key highlights include:
- A new $250 Working Australians Tax Offset from 2027–28 for most wage earners
- Permanent $20,000 instant asset write off for small businesses from July 2026
- Loss carry back and refunds reintroduced to support small business and start ups
- Major reforms to capital gains tax, negative gearing and discretionary trusts from 2027–2028
- Strong focus on housing supply, NDIS sustainability and long-term budget discipline
Overall, this is a reform heavy Budget that rewards work and business investment, tightens investor concessions, and signals the need for forward planning well before the changes kick in.
