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Here's how the budget's tax changes will affect you

ABC Australia · May 13, 2026, 2:52 AM · Also reported by 1 other source

Key takeaways

  • The federal government has announced major tax changes in the 2026 budget.
  • For those who want to understand how the changes will affect them, whether they are investors, wannabe investors or wanting to buy their own home, the amount of detail can be confusing.
  • Federal budget 2026: Stay up to date with the budget aftermath in our live blog.

Why this matters: an international story with cross-border implications worth tracking.

The federal government has announced major tax changes in the 2026 budget. (ABC News: Danielle Bonica)

Link copied Share Share article Tuesday's federal budget included an overhaul to the rules for negative gearing and the capital gains tax in what Treasurer Jim Chalmers has called the biggest tax shake-up in 25 years.

For those who want to understand how the changes will affect them, whether they are investors, wannabe investors or wanting to buy their own home, the amount of detail can be confusing. Here's everything we know.

Article preview — originally published by ABC Australia. Full story at the source.
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