04/06/2026
The Budget!!!!!!-Uncertainty is the Killer.
As someone who speaks with homeowners, investors and buyers every day, I can tell you one thing for certain — confidence plays a huge role in property markets and economic activity.
Whether you agree or disagree with the proposed changes to capital gains tax and negative gearing, there is no denying they have sparked strong reactions from some well-known Australian voices.
🎤 Comedian Dave Hughes expressed concerns about the impact of falling property values on everyday families, saying many Australians could see decades of savings disappear if property prices were to fall significantly and they were forced to sell.
🥤 Boost Juice founder Janine Ellis stated:
"Australians are the people that want to have a go. They want to have control over their own destiny and they want to have their own business or get ahead with an investment property."
She went on to describe negative gearing as one of the few opportunities available to working Australians to help secure their family's future.
💰 Finance commentator Mark Bouris questioned whether the proposed changes would create a new form of intergenerational disadvantage:
"Australians who worked really hard... got tax deductions for negative gearing because they were actually losing money."
He also argued that removing pathways previously used by generations of Australians to build wealth may make it harder for younger Australians to follow the same path.
🏡 Real Estate commentator Tom Panos was equally direct:
"When governments change the rules overnight, people stop moving. Investors freeze. Builders hesitate. Developers delay. Consumers sit there clutching their wallets."
He warned that uncertainty itself can affect confidence throughout the economy, impacting renters, investors, tradies, small businesses and first-home buyers alike.
The question is not whether these people are right or wrong.
The real question is: How are everyday Australians feeling?
