2026 Budget

[faible]

There is no profit to be made, that's the point. Sorry but your anecdotal perception doesn't align with reality.

Dwelling completed on a long term downward trend.

Building Activity, Australia, December 2025

Estimates of value of building work and number of dwellings commenced, completed, under construction and in the pipeline

www.abs.gov.au

View attachment 2617678

You missed this one




And this one

 

[briztoon]

What a terrible example. How is someone earning 45,000 buying a house.

We should do some realistic examples.

Someone earning $150k, $250k as a couple, putting $30,000 away in the market per year as their deposit savings. Earning 8%.

They put $30,000 per year into the market at 8%, after 3 years from 2026-2029 they make roughly $23,000 on their $90,000 invested.

Here's where your argument falls apart from the very beginning, and I'm going to quote the experts here;

There are virtually no risk-free investments that guarantee an 8% return. Any firm or individual promising a guaranteed 8% return—without disclosing major risks—is a red flag. "Guaranteed" yields this high typically come from structured investments, private credit, or real estate, all of which carry significant risk. [1, 2, 3, 4, 5]

Where to Find 8% Yields (With Risk)

• Private Credit & Corporate Bonds: Private lending or high-yield bonds can offer targeted returns over 8% per year. However, these carry liquidity constraints and default risks.
• Listed Property Trusts (REITs): Commercial and residential REITs often target yields in this range. Because they are tied to real estate markets, they fluctuate in value.
• Dividend-Paying Stocks: Some blue-chip stocks and managed funds deliver 8%+ returns through a mix of share price growth and dividends, but your original capital is never guaranteed and can decline during market downturns. [1, 2, 3, 4, 5]

True "Guaranteed" Options
If your priority is 100% capital protection, you will have to accept lower yields. In Australia, risk-free options like Term Deposits typically offer much lower rates. [1, 2]

Show me someone saving for a house, willing to risk loses on their actual savings, and I'll show you a Leprechaun. Or an Idiot.

In 2029 they sell their $113,000 worth of shares to fund their house deposit, along with cash they have saved (and likely still needing some gifts for their parents or otherwise).

You can't guarantee a profit on shares over a 4 year period. Especially when you, yourself have bemoaned about a future recession under labor.

Spain and Portugal in chaos as their 78% renewable run power system collapses.

This is what the future holds under a Labor / Green / Teal tripartite.

Throw in on top Chalmers' salivating glances at unrealised capital gains, negative gearing and CGT on the family home and we can add property collapse and economic recession into the future as well.

I can only thank powers greater than me that I'll be out of the country for the majority of Labors next run, but feel for all who will be suffer at Labors hands

Under the current system they pay 18.5% CGT on the $23,000, being half their marginal income tax rate of 37% at a salary of $150k. Which is $4,255. Under the new system, their $90,000 invested gets indexed - let's use a nominal figure of 2.5%. Which means their invested capital is determined to be $96,000 and their gain $17,000. They then pay their full 37% marginal income tax on that index reduced capital gain and pay $6,290 in tax.

Resulting in a higher tax bill of ~$2,000, a 47% increase in their taxable burden.

And again, any impact on the housing prices is irrelevant to the position of this tax because increasing CGT does not have a negative impact on housing prices, if anything it is likely to increase prices.

Woohoo they made a profit on their speculative investment. And paid the correct tax.

Without remembering all your posts and possible denials, my gut feel is these changes hurt your back pocket far more than any 20 somethings saving for a house.

 

[FlowersByIrene]

Here's where your argument falls apart from the very beginning, and I'm going to quote the experts here;

There are virtually no risk-free investments that guarantee an 8% return. Any firm or individual promising a guaranteed 8% return—without disclosing major risks—is a red flag. "Guaranteed" yields this high typically come from structured investments, private credit, or real estate, all of which carry significant risk. [1, 2, 3, 4, 5]

Where to Find 8% Yields (With Risk)

• Private Credit & Corporate Bonds: Private lending or high-yield bonds can offer targeted returns over 8% per year. However, these carry liquidity constraints and default risks.
• Listed Property Trusts (REITs): Commercial and residential REITs often target yields in this range. Because they are tied to real estate markets, they fluctuate in value.
• Dividend-Paying Stocks: Some blue-chip stocks and managed funds deliver 8%+ returns through a mix of share price growth and dividends, but your original capital is never guaranteed and can decline during market downturns. [1, 2, 3, 4, 5]

True "Guaranteed" Options
If your priority is 100% capital protection, you will have to accept lower yields. In Australia, risk-free options like Term Deposits typically offer much lower rates. [1, 2]

Show me someone saving for a house, willing to risk loses on their actual savings, and I'll show you a Leprechaun. Or an Idiot.

You can't guarantee a profit on shares over a 4 year period. Especially when you, yourself have bemoaned about a future recession under labor.



Woohoo they made a profit on their speculative investment. And paid the correct tax.

Without remembering all your posts and possible denials, my gut feel is these changes hurt your back pocket far more than any 20 somethings saving for a house.

Where did anyone say it was guaranteed? You and your friends in here keep showing why you're all such failures in life and need to grovel at Labor's feet for handouts, none of you can even comprehend someone taking a risk that you claim it doesn't even exist and no one could possibly have ever invested their money in the market to save for a house.

Let's have a look at reality and no whatever moronic "experts" you dragged out for you quivering, shameless claim that no one could ever possibly return 8%.

The average ASX All Ordinaries return is 13% (https://files.marketindex.com.au/files/statistics/historical-returns-infographic-2024.pdf).

And in recent years has been 10.2% (2025), 11.49% (2024), 12.16% (2023)

https://finance.yahoo.com/quote/STW...R_akeDT35ZGQLkyk7DaYAU_PFLtAtjnUkPWHxoUmxecUg.

 

[briztoon]

In FBI land there's apparently people earning below the 30% tax threshold, that are saving chunks of cash for a house deposit (but not earning much), and are saving those chunks in shares that are volatile, and won't be earning more than $45,000 p.a. by the time they sell down those shares.

I actually know some of the bolded at work. But they're at Uni, working part time (3 or 4 days a week, including Sat & Sun for the higher pay), live at home and get a free ride from their parents (we'll be the same with our daughter). They sure as sh!t don't invest in shares, or crypto. Yes I've asked them.

 

[briztoon]

Many.

Source???

 

[briztoon]

There is no profit to be made, that's the point. Sorry but your anecdotal perception doesn't align with reality.

Dwelling completed on a long term downward trend.

Building Activity, Australia, December 2025

Estimates of value of building work and number of dwellings commenced, completed, under construction and in the pipeline

www.abs.gov.au

View attachment 2617678

bahahahahahahahaha now put up the graph for Total Dwellings Commenced from the same link. 100% supports my observations.

And while you're at it, put up the selected states graph as well that shows QLD's continued upward trend for the last four quarters.

Yes, both graphs show that we're down from 2017 levels, but they also show were on a two year upward trajectory.

Oh, and also include total dwellings under construction. That supports my observations even further.

Total dwellings commenced in Australia rose 8.0% to 53,567 dwellings in the December quarter, in seasonally adjusted terms. Private sector other residential dwellings commenced rose 23.4% to 23,849 dwellings, following a rise of 6.1% in the September quarter. Private sector new houses commenced fell 0.9% to 28,469 dwellings, following a rise of 8.1% in the September quarter.

​

 

[FlowersByIrene]

bahahahahahahahaha now put up the graph for Total Dwellings Commenced from the same link. 100% supports my observations.

And while you're at it, put up the selected states graph as well that shows QLD's continued upward trend for the last four quarters.

Yes, both graphs show that we're down from 2017 levels, but they also show were on a two year upward trajectory.

Oh, and also include total dwellings under construction. That supports my observations even further.

Total dwellings commenced in Australia rose 8.0% to 53,567 dwellings in the December quarter, in seasonally adjusted terms. Private sector other residential dwellings commenced rose 23.4% to 23,849 dwellings, following a rise of 6.1% in the September quarter. Private sector new houses commenced fell 0.9% to 28,469 dwellings, following a rise of 8.1% in the September quarter.

​

Lol total dwellings "commenced" - hahah didn't realise you can live in a half built house.

Plenty of builders can take a deposit and run, doesn't mean houses are getting built or that they're profitable.

You're twisting yourself in knots trying to defend again, the indefensible, illogical decisions of a government.

Fact of the matter is, it's already difficult enough to build homes in Australia, and as seen by the numbers of homes ACTUALLY BUILT that continue to drop, further penalizing developers through higher taxes does not appear, to me, to be a way to promote more new builds to be made.

 

[briztoon]

So we are more interested in propping up the fossil fuel industry… I get it.
That’s the bit I pissed off about.

Unfortunately Labor is cooked.

I believe were interested in securing continued access fuel for our cars and planes. And theirs some give and take in that bargain.

No way in the world would the Liberals go after coal and gas. And I bet ON would drop their position the moment they're in power, and being pressured by a lobby that got them ellected.

 

[FlowersByIrene]

Source???

Young generations more invested in shares outside superannuation than baby boomers

A survey found 36% of millennials, aged 29 to 44 years, are invested in shares outside their superannuation compared to 29% of boomers.

www.fool.com.au

Over 30% of Gen Z's and Millenials.

With how few young Australian's own homes, you don't think any of the 30% that hold shares don't own a home? Not possible at all that those venn diagrams can't overlap? How narrow minded and ignorant can you be?

Now, take your ignorant, short sighted, anecdotal nonsense that you have crystalized in your mind as unquestionable truth merely as a comping mechanism for you to justify shit decisions by a Government who you clearly simp for elsewhere.

 

[briztoon]

Where did anyone say it was guaranteed? You and your friends in here keep showing why you're all such failures in life and need to grovel at Labor's feet for handouts,

First of all, I'm trying to have a discussion in good faith, without being nasty or a w4nker. It would be nice you returned the civility.

Secondly, never had a welfare handout from any government.

Thirdly, I pretty much voted Liberal up until the end of Howard. And then Turnball. Unfortunately the Libs moved too far right for my liking, and started a protest Green vote and preferenced Labor.

none of you can even comprehend someone taking a risk that you claim it doesn't even exist and no one could possibly have ever invested their money in the market to save for a house.

Oh I can comprehend someone taking a risk with investments. I'd love to be in such a situation.

Now that we have our own house.

But potentially losing a significant chunk of a house deposit savings, that's just not the mindset for the vast majority of home savers, especially those without a safety net.

Let's have a look at reality and no whatever moronic "experts" you dragged out for you quivering, shameless claim that no one could ever possibly return 8%.

Wow now in full on w4nker mode.

No more discussion with you. Such a hypocritical poster.

The average ASX All Ordinaries return is 13% (https://files.marketindex.com.au/files/statistics/historical-returns-infographic-2024.pdf).

And in recent years has been 10.2% (2025), 11.49% (2024), 12.16% (2023)

https://finance.yahoo.com/quote/STW...R_akeDT35ZGQLkyk7DaYAU_PFLtAtjnUkPWHxoUmxecUg.

bye bye tool.

 

[FlowersByIrene]

First of all, I'm trying to have a discussion in good faith, without being nasty or a w4nker. It would be nice you returned the civility.

Secondly, never had a welfare handout from any government.

Thirdly, I pretty much voted Liberal up until the end of Howard. And then Turnball. Unfortunately the Libs moved too far right for my liking, and started a protest Green vote and preferenced Labor.

Oh I can comprehend someone taking a risk with investments. I'd love to be in such a situation.

Now that we have our own house.

But potentially losing a significant chunk of a house deposit savings, that's just not the mindset for the vast majority of home savers, especially those without a safety net.



Wow now in full on w4nker mode.

No more discussion with you. Such a hypocritical poster.

bye bye tool.

At no point in this discussion have you been civil or reasonable. Now that you've realised your ignorant and narrow view of the world is wrong, you've taken you ball and gone home - of that I am sincerely glad. All I hope is that you think before you post in the future.

 

[Alfonz]

Thank you for proving my point. For a $2k increase in tax paid, they're looking at buying a house that is $20k cheaper.

By my simple maths, that benefit is 10 times bigger than the offsetting incremental cost, noting that I haven't made an adjustment for time value of money.

And what would be even better is if house prices went down further and the gain from shares went up further. Which is what would likely happen if they left shares alone to incentivise investment in shares over housing.

 

[PiCkLeJuiCe]

Secondly, never had a welfare handout from any government.

To be fair, FBI never said welfare handouts.

Like everyone, you are the beneficiary of other government handouts that, inevitably, have to be paid for by raising revenue.

• You received the energy bill relief
• Do you have solar panels / battery - more handouts there
• Are you salary sacrificing your EV? - FBT exemptions and lower LCT thresholds

These aren't just a Labor thing though. Both governments are proficient at wasting other people's money.

 

[briztoon]

To be fair, FBI never said welfare handouts.

Like everyone, you are the beneficiary of other government handouts that, inevitably, have to be paid for by raising revenue.

• You received the energy bill relief
• Do you have solar panels / battery - more handouts there
• Are you salary sacrificing your EV? - FBT exemptions and lower LCT thresholds

These aren't just a Labor thing though. Both governments are proficient at wasting other people's money.

I was aware, which is why I specified welfare handouts.

But I’m done with said poster. I’ve moved on.

 

[faible]

To be fair, FBI never said welfare handouts.

Like everyone, you are the beneficiary of other government handouts that, inevitably, have to be paid for by raising revenue.

• You received the energy bill relief
• Do you have solar panels / battery - more handouts there
• Are you salary sacrificing your EV? - FBT exemptions and lower LCT thresholds

These aren't just a Labor thing though. Both governments are proficient at wasting other people's money.

FBI also receives many government handouts I’m sure. Whilst complaining about them, and fundamentally believing democracy is a bad thing.

 

[Kram]

https://www.news.com.au/finance/economy/federal-budget/young-aussie-founders-turn-on-albo-in-open-letter-against-labors-controversial-tax-changes/news-story/495f8129fe0badf0cf9cf9b36dc114c8

 

[Kram]

I wish I could claim everything I spend against my tax….

If you owned a funeral parlour nobody would die.

 

[Kram]

Labor's tax defence is backfiring with young voters

Labor is banking on younger generations, who are overwhelmingly wage earners, being more interested in owning their own home than pocketing higher profits on a lucky crypto trade.

www.abc.net.au

 

[Skeptikal]

Labor's tax defence is backfiring with young voters

Labor is banking on younger generations, who are overwhelmingly wage earners, being more interested in owning their own home than pocketing higher profits on a lucky crypto trade.

www.abc.net.au

An opinion piece by Clare Armstrong who smugly inserts this in her 'analysis'

'For full disclosure, asset-wise this columnist is a joint-owner of a very large mortgage on a very small Canberra apartment and a single bank account.'

'Never had a share or an investment — in other words, a finance guru's worst nightmare but safely not in the category of a personally vested interest.'

In terms of 'full disclosure' what would have been more relevant to be inserted in this one-sided sloppy political swill masquerading as independent analysis would be for 'this columnist' to reveal that she was previously a long term political writer for the Daily Telegraph/Herald Sun and a key contributor to the conservative cheer leading team which successfully mounted a lies-driven scare campaign against the Shorten tax reforms that played a key role in Scott Morrison winning the the unwinnable 2019 election.

Armstrong is one of several high profile NewsCorp political writers the ABC has hired in recent years in an attempt to appear more politically 'balanced' and to address what former ABC Chair Ita Buttrose called an “unconscious bias” at the public broadcaster.

Appointments of Trojan Horse conservative aligned, political hacks like Armstrong from Newscorp tabloids and SkyNews hasn't created more journalistic and editorial 'balance' at the ABC at all, of course. Far from it. It has helped to erode the ABC's once proud reputation as a critical source of independent, fact-based reporting and provided an avenue for the talking points of political parties to be aired as 'journalistic assessments' on the taxpayer funded public broadcaster.

 

[peetoo]

Labor's tax defence is backfiring with young voters

Labor is banking on younger generations, who are overwhelmingly wage earners, being more interested in owning their own home than pocketing higher profits on a lucky crypto trade.

www.abc.net.au

I reckon Labor is riding not just backing the better horse. Politically would the crypto kids ever be Labor voters

Where would the ‘undecideds’ fall?

 

[Gethelred]

Young generations more invested in shares outside superannuation than baby boomers

A survey found 36% of millennials, aged 29 to 44 years, are invested in shares outside their superannuation compared to 29% of boomers.

www.fool.com.au

Over 30% of Gen Z's and Millenials.

With how few young Australian's own homes, you don't think any of the 30% that hold shares don't own a home? Not possible at all that those venn diagrams can't overlap? How narrow minded and ignorant can you be?

Now, take your ignorant, short sighted, anecdotal nonsense that you have crystalized in your mind as unquestionable truth merely as a comping mechanism for you to justify shit decisions by a Government who you clearly simp for elsewhere.

There's a distinctly ironic flavour to you throwing out accusations of ignorance or idiocy whilst using a link entitled fool.com.au

 

[Skeptikal]

An opinion piece by Clare Armstrong who smugly inserts this in her 'analysis'.....

Armstrong is one of several high profile NewsCorp political writers the ABC has hired in recent years in an attempt to appear more politically 'balanced' and to address what former ABC Chair Ita Buttrose called an “unconscious bias” at the public broadcaster.

Appointments of Trojan Horse conservative aligned, political hacks like Armstrong from Newscorp tabloids and SkyNews hasn't created more journalistic and editorial 'balance' at the ABC at all, of course. Far from it. It has helped to erode the ABC's once proud reputation as a critical source of independent, fact-based reporting and provided an avenue for the talking points of political parties to be aired as 'journalistic assessments' on the taxpayer funded public broadcaster.

Not uncoincidentally, Clare Armstrong was a panellist on ABC's 'Flagship political analysis and discussion program' Insiders this morning where she demonstrated her journalistic brilliance by reading out responses from the comment sections of MPs instagram accounts.

Pretty sure former SkyNews political editor and now Insider's host David Speers thinks she's a keeper.

 

[Skeptikal]

Meanwhile, also from the ABC, five economists give their views on the Budget and the Coalition's Budget Reply..

Five economists share opinions on Labor's budget and Coalition's reply

Five leading economists weigh in on the budget and reply debate, embracing many of the ideas raised while also arguing that "bigger tax reform is needed."

www.abc.net.au

 

[Kram]

Oh how  dare anyone on the publicly funded news outlet not be a mindless Labor party suckhole a question their actions.

 

[Romeoh1]

Oh how  dare anyone on the publicly funded news outlet not be a mindless Labor party suckhole a question their actions.

Yawnies.