Following the release of the 2026–27 Federal Budget, our Taxation & Advisory team has prepared a practical overview of the key announcements and the potential implications for individuals, investors, businesses and employers.
This year’s Budget includes several significant proposed changes across the tax and business landscape. Many of the measures announced are aimed at addressing housing affordability, cost-of-living pressures, business investment and broader economic challenges, while also introducing substantial reforms that may impact future planning and structuring decisions.
Some of the key proposed measures include:
- Changes to negative gearing rules for residential property investors
- Reforms to capital gains tax concessions and pre-CGT exemptions
- A proposed minimum tax on discretionary trust distributions
- New personal income tax relief measures and deductions for workers
- Permanent increases to the instant asset write-off threshold for eligible businesses
- Changes to FBT concessions for electric vehicles
- Updates to PAYG instalments, R&D incentives and loss carry-back measures
The Budget also outlines broader economic forecasts and policy responses relating to inflation, interest rates, employment growth and government debt.
While many of these announcements are still proposals and may change before implementation, it is important to understand how the proposed measures could affect your current position and future planning strategies.
Our Federal Budget overview provides a detailed summary of the key announcements, together with practical considerations for taxpayers, investors and business owners.
Read the full 2026–27 Federal Budget overview here
At Lucent Advisory, we work with SMEs to provide proactive taxation and advisory support tailored to their circumstances. Whether you are seeking strategic tax planning, support from experienced outsourced tax accountants, or looking at outsourcing tax accounting functions to improve efficiency and compliance, our team can help you navigate changing tax and regulatory environments with confidence.
Learn more about our outsourced tax and advisory services.
As always, the detail matters. If you would like to discuss how the proposed Federal Budget measures may impact you, your investments or your business, please get in touch with our team.
Sophie McDonald, Senior Manager Taxation & Advisory
