22/05/2026
The headlines following the Federal Budget announcement have been impossible to miss over the past week - especially around negative gearing and capital gains tax changes.
But beyond the noise and media commentary… what do these changes actually mean for property investors?
Our in-house Chief Economist, Dr Kevin Hoang, has completed a detailed analysis of the proposed reforms, including:
✔️ What’s changing (and what isn’t)
✔️ Which markets may be most impacted
✔️ Why strategy and fundamentals now matter more than ever
✔️ Where we continue to see strong long-term opportunity
One of the biggest takeaways?
We believe these changes are more likely to reshape where investors focus, rather than reduce demand overall.
Vacancy rates are currently at record lows, migration remains historically high, and supply continues to lag demand. While capital growth may ease slightly from the ~20% levels currently being achieved across some interstate markets, rental growth is expected to strengthen - helping keep overall returns strong.
Our founder, Richard Sheppard, also shares his perspective on what these changes could mean for the future of the property market and why high-yield markets may continue to outperform.
Read the full analysis here 👇
🔗 https://bit.ly/4wLbdrP