This Budget delivers modest short‑term relief targeted at workers, while investors and trust structures will face significant change over the coming years.
Key highlights include:
🔹Workers benefit from a new $250 annual tax offset, starting 2027–28
🔹Small businesses gain certainty with a permanent $20k asset write‑off and loss carry‑back rules
🔹Property investors face restricted negative gearing, and a move away from the 50% CGT discount
🔹Loss carry‑back and refunds reintroduced to support small business and start‑ups
🔹Discretionary trusts will face a new 30% minimum tax from July 2028
🔹Housing, productivity and infrastructure are prioritised, while NDIS spending is tightly controlled
The key takeaway: this is not a “do nothing” Budget. Many measures are delayed — which means now is the time to review structures, asset holding strategies and business plans before the changes apply.
You can download our full reports below.
