The budget in seven graphs: no big surprises but this may be one of the most ambitious moves to fix Australia’s finances | Greg Jericho
Why this matters: environmental and climate reporting with long-term consequences.
With some long-awaited sanity on housing and taxes, including CGT and negative gearing changes, it’s one of the most important for good – but will still leave some out in the cold Federal budget 2026 LIVE updates: Australia government budget announcement and speech – latest news Explore all of our 2026 Australia federal budget coverage Get our breaking news email, free app or daily news podcast. This year’s budget is an odd affair. So much had been leaked and dropped to the media that there are barely any surprises. But that does not mean it does not live up to the billing of being ambitious – basically killing off the capital gains tax 50% discount is a huge deal.The lack of changes on gas tax, an absence of increased assistance for the unemployed and renters, and cuts to the NDIS, however, show that this is still a government where ambition is not in surplus. Continue reading...