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The 2026 Federal Budget has delivered one of the most significant property policy shake-ups Australia has seen in decades. The headline changes include winding back negative gearing for established homes, replacing the 50% capital gains tax discount with an inflation-indexed model, and extending incentives for new housing supply.
The government’s aim is clear: slow investor demand for existing stock and improve affordability for first home buyers.
However, with all significant changes, there are often unintended consequences. The Trio recorded this special release the morning after budget night to clarify, explain and anticipate what it all means for the property industry in Australia.
The Property Trio is: David Johnston, Mortgage Broker - Managing Director of Property Planning Australia
https://propertyplanning.com.au/ Cate Bakos, Buyers Advocate - Managing Director of Cate Bakos Property
https://www.catebakos.com.au/ Mike Mortlock, Quantity Surveyor - Managing Director of MCG Quantity Surveyors
https://www.mcgqs.com.au/ 📩 Got a question you want answered in a future episode? Send it through
https://www.propertytrio.com.au/contact-us/ Shownotes are here: https://www.propertytrio.com.au/2026/05/14/budget-night-2026/