Budget tax changes turbocharge super’s appeal, but not for all

Greens Back CGT, Negative Gearing Changes but Call for Higher Corporate Taxes

The Greens have backed the government’s planned changes to negative gearing and capital gains tax, but say Labor should go further in taxing large corporations. Greens Senator Sarah Hanson-Young said the party supports long-standing efforts to reform property tax settings, but argued the changes do not go far enough in addressing what she described as generous treatment of wealthy investors and property developers. “We have obviously campaigned …

Small businesses urged to get vocal over CGT changes

Small business owners across Australia have been urged to share their views as debate continues around proposed changes to capital gains tax (CGT).  The Council of Small Business Organisations Australia (Cosboa) is encouraging SMEs to voice their experiences and concerns through the Fair Go website. They can also send a letter to their local MP and Senators using an online template.  The CGT reforms were announced in the 2026 Budget last month. …

Budget tax changes turbocharge super’s appeal, but not for all

Superannuation has been a big winner from this month’s budget changes that introduced higher taxes for investors using trusts, negative gearing and the capital gains tax discount. Super became one of the few options with a minimum tax rate below 30 per cent. Investment earnings pay just 15 per cent tax within super, and effectively just 10 per cent tax is paid on capital gains most of the time. And once you retire after 60 and switch super to a …