What is Budget (Federal) — Impact on Property?
The federal budget, delivered in May each year, sets tax, spending and regulatory policy — directly affecting property investors (CGT, negative gearing, depreciation rules) and first-home buyers (grants, guarantees, deposit schemes).
Why it matters for you
Budget changes can shift borrowing strategy overnight. The 2026 budget is expected to touch negative gearing and CGT — which would reshape investor maths materially. Refinance windows, investment structuring and purchase timing all respond to budget signals.
Last updated: April 2026