12/07/2026
Federal Budget 2026–27: What Aussies Need to Know
The 2026–27 Federal Budget landed on 12 May, and while there's no single headline-grabbing shake-up, there's a lot happening beneath the surface that's worth understanding if you want to stay ahead of your finances.
On the tax front, the lowest marginal rate is easing down over the next two years, and a new no-receipts deduction will make tax time simpler for everyday workers. Property investors should pay close attention too: proposed changes to capital gains tax and negative gearing from mid-2027 could reshape how attractive future property investments are, though existing holdings look set to be largely grandfathered.
Superannuation remains one of the most tax-effective ways to build wealth, and it's about to get even more flexible, with higher contribution caps and pay-day super ensuring your retirement savings start working for you sooner. Small business owners keep their instant asset write-off permanently, while older Australians can expect both some tightening around private health rebates and welcome improvements to aged care support.
None of this requires panic or immediate action, but it is a good prompt to revisit your investment strategy, tax planning, and super contributions before these changes take effect. As always, the right approach depends on your personal circumstances, so if you're unsure how the budget affects you, it's worth having a conversation with your adviser.
