On 12 May 2026, Treasurer Jim Chalmers delivered his fifth Federal Budget, outlining a range of measures impacting property, trusts and business taxation in Australia.
In our recent live webinar, Brett Young, National Tax Director, provided a clear overview of the key announcements and shared practical insights to help attendees stay informed and plan ahead.
In this session, we covered:
1. Personal tax
- Tax rates
- New $1,000 standard deduction for individuals
- Fringe Benefits Tax (FBT) changes, including the transition to a 25% FBT rate for electric vehicles (EVs)
2. Tax reform – Capital Gains Tax (CGT) and negative gearing
- Changes to the 50% CGT discount
- Updates to negative gearing rules
3. Tax reform – 30% minimum tax – discretionary trusts
- Introduction of a proposed 30% minimum tax for discretionary trusts
4. Business tax
- $20,000 instant asset write‑off
- Loss refundability for businesses and start‑ups
- Research and Development (R&D) tax incentive updates
- Pay As You Go (PAYG) instalments – pilot scheme for monthly payments (small and medium-sized enterprises (SMEs))
5. International tax
- Changes to Foreign Resident CGT
Whether you’re making decisions for your business or your investments, this session was aimed to help you navigate what’s ahead and plan your next steps with confidence.
Who should watch this webinar?
This session was designed for business owners, investors and individuals looking to understand the key Federal Budget measures and how they might have impacted planning, investments and future decision‑making.
Watch recording
Webinar resources
2026 Federal Budget: Key updates and implications
Download slide deck
Australian Federal Budget Insights 2026/27
Download PDF
