Who are the winners and losers of the 2026 federal budget? | ABC NEWS

The Albanese government has released its 2026 federal budget, targeting wealth inequality and rebalancing the tax system.
Treasurer Jim Chalmers has spruiked the new tax policy as the most important and most ambitious budget in decades, with major changes to negative gearing and capital gains tax.
Economic futurist Evan Lucas says the budget marks the beginning of major tax reforms in the lead-up to the next federal election.

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Read more here: https://www.abc.net.au/news/2026-05-12/federal-budget-2026-winners-and-losers/106639966

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