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Federal Budget 2026/27
The 2026–27 Federal Budget, delivered by Treasurer Jim Chalmers on the evening of 12 May 2026, is one of the most significant overhauls of
the Australian tax system in nearly three decades. In a single Budget, the Government has made changes to capital gains tax, negative
gearing, trust distributions, superannuation, electric vehicles, research and development, and a range of cost-of-living measures. Almost
every one of our clients will be affected in some way.
We have prepared this summary to explain the key measures in plain language and to highlight what they mean for you. Many of these changes
are still subject to draft legislation, and a number of details are not yet fully confirmed — we have tried to reflect that honestly
throughout.
What is clear is that these changes are significant, broad, and for many clients will require a review of existing arrangements. We
encourage you to read through the summaries below and to contact us to discuss anything that may be relevant to your situation.
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