🎧 Budget night has landed, and this wasn’t just another political announcement. In this special episode of The Property Trio, Cate, Dave and Mike unpack one of the most significant property policy shake-ups Australia has seen in decades.

Recorded the morning after the 2026 Federal Budget, the Trio breaks down the government’s proposed changes to negative gearing and capital gains tax, including what the grandfathering rules mean, when the changes are expected to begin, and who is likely to be most affected.

The conversation explores the likely impact on established property, investor borrowing power, rental supply and long-term wealth creation. Cate raises concerns about aspirational young investors being squeezed out, while Dave explains why reduced incentives for established property investment could weaken household wealth growth and broader economic activity over time. Mike dives into the tax detail, unpacking how quarantined losses may work and why the changes could disproportionately affect younger and aspiring investors.

The team also discuss the likely consequences for renters, including the risk of shrinking rental supply, rising rents and increased pressure on new housing stock. Importantly, they explain why brand-new property should not automatically be viewed as a safer investment option, despite retaining negative gearing benefits under the proposed rules.

Throughout the episode, the Trio reflects on the broader economic and political implications of the budget, from productivity concerns and business confidence through to voter sentiment and the long-term impact on Australia’s property-driven economy.

Whether you’re a homeowner, investor, first home buyer or renter, this is an important and timely discussion about what could become one of the biggest structural shifts to Australia’s property landscape in generations.

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Ep. 213        Exploring How Government Policy Shapes Investor Behaviour – Decoding the Queensland Land Tax Ripple Effects

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Ep. 318        Is Negative Gearing Worth It? – The Advantages, Risks, Common Mistakes & Expert Advice for Successful Property Investing

Upcoming episode: #363 – Market Update – April