13/05/2026
The government just dropped the “F*ck all investors” budget.
Albo, April 2025: “How hard is it? For the 50th time” — no changes to negative gearing or CGT.
Albo, May 2026: surprise. 🎁
❌ Negative gearing gone for established property
❌ 50% CGT discount scrapped
❌ 30% min tax on family trusts
And it’s not just property. The CGT change hits shares, ETFs, crypto, business sales. Every mum and dad investor trying to set their family up.
🇳🇿 NZ tried this in 2021. Rents hit record highs. They reversed it by 2025.
Property is still up 381% over 30 years. Through every government. Every tax cycle.
Smart buyers will make generational wealth from this. The wait-and-see crowd will still be waiting in 5 years.
We don’t invest for a few bucks of negative gearing. We invest for the long term.