Newsletter
FEDERAL BUDGET NEWSLETTER
PERSONAL TAXATION
Personal tax rates: existing cuts for 2026–2027 and 2027–2028 unchanged
In the Budget, the Government did not announce any further changes to the personal tax rates...
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BUSINESS TAXATION
Instant asset write-off for small businesses permanently extended
The Government will permanently extend the $20,000 instant asset write-off for small businesses...
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MAJOR CGT, TRUSTS AND NEGATIVE GEARING REFORMS
CGT discount replaced; minimum 30% tax on net capital gains
As widely anticipated, the Government will replace the current 50% CGT discount with inflation-adjusted...
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SUPERANNUATION
No major new super measures announced
The Government did not announce any new major superannuation measures in the Budget...
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