TMS Insights Special: What the 2026 Budget means for your money
Trusts, capital gains and negative gearing all changed in one budget, and what wasn't touched matters just as much. Matt Salmon joins TMS Insights to separate what needs action from what's just noise.
In this episode:
- Trust distributions will be taxed at a flat 30% from 1 July 2028, with franking credits no longer usable by recipients, effectively ending the bucket company strategy. Restructure rollover relief runs until 2030.
- The 50% CGT discount goes from 30 June 2027, but proportionally, so long held assets keep most of the benefit while recent purchases feel the change most.
- Negative gearing survives for residential property held before budget night, and disappears for anything bought after.
- Super, the family home and small business concessions were all left alone, making super the clear winner and the centre of wealth creation from here.
- None of it is legislated yet, but structures set up under the old rules are worth reviewing while the windows are open.
If you'd like a conversation about how your portfolio is positioned, or a second opinion, our team is always happy to talk.
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