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MPs urged to ignore fearmongering and pass Labor’s ‘long overdue’ negative gearing and CGT changes

capital gains tax, saying the reforms would improve fairness for renters and young homebuyers. The government may introduce [its negative gearing and CGT changes](https://www.theguardian.com/australia-news/2026/may/12/australia-federal-budget-2026-tax-reform-capital-gains-cgt-changes-negative-gearing-housing-first-time-home-buyers-investors-explained) into parliament as soon as the coming sitting

Australia has some of the world's costliest homes. Will scrapping tax breaks help?

reform, scrapping lucrative tax breaks which it says will help tackle the intergenerational inequality which has come to define the market. Critics argue it could stifle the investment Australia needs to build more houses

Changing tax rules for investors won’t shrink housing supply or raise rents. Just look at Victoria

capital gains tax designed to make property less attractive to new investors. The government will have ample protection for existing property investors, known as grandfather provisions, which will give it some protection from a political

Federal budget 2026 summary – winners and losers

impacting fuel supplies globally, including Australia. Inflation is still causing havoc on household budgets. Government programs are costing more than ever. We’ve read hundreds of budget paper pages so you don’t have