The 2026 Federal Budget just changed the property landscape… and not in the ways most people expected.

Recorded the day after the announcement, this special emergency episode brings Bryce back to the couch with Ben for an unfiltered, fast-thinking breakdown of what actually happened and what it means for property investors.

Negative gearing has changed. CGT treatment has shifted. Regional markets are exposed. And as Bryce puts it: “Location now does 90% of the heavy lifting.”

In this episode, they unpack:

  • The unintended consequences already taking shape
  • What these changes actually mean for investors (beyond the headlines)
  • Whether affordability for first-home buyers will genuinely improve
  • Why rents could rise further (not fall)
  • Which markets are most at risk right now
  • And the clear-headed question every investor should be asking: what do I do next?

This is just the start of our Budget analysis. Deeper economic unpacking is coming in future episodes but if you want to understand the lay of the land before the dust settles, start here.

Resources Mentioned

Timestamps  

  • 0:00 – 597 | Federal Budget 2026: Are YOU a Winner or Loser? (Property Edition)
  • 2:05 – “The Most Important & Ambitious Budget In Decades”
  • 5:00 – Negative Gearing Changes Explained – What Happens From 12 May 2026
  • 9:33 – CGT Changes Explained – Why Property Investing Just Got More Complex
  • 11:59 – Emergency Webinar Announcement – Regional Risks, Buyer Depth & Market Behaviour
  • 15:19 – “Location Now Does 90% Of The Heavy Lifting”
  • 17:30 – Why Rents Could Rise Further: The Unintended Consequences Begin
  • 19:52 – The New Wave Of Property Spruikers & Why New Builds Could Dominate The Pitch
  • 23:12 – New Build Incentives Explained
  • 26:04 – Treasury’s Predictions vs Reality: Will Prices Really Fall?
  • 30:14 – What’s The Pathway For Young People Now?
  • 33:16 – Why Investors REALLY Buy Property –
  • 37:35 – The Politics Behind The Budget: Will These Changes Actually Fix Housing?
  • 41:20 – Listener Questions Answered: Grandfathering, New Builds & Investment Strategy
  • 53:05 – So… What Should Investors Do NOW? Ben & Bryce’s Practical Takeaways
  • 57:10 — Commercial property, SMSFs and companies: the three structures to watch
  • 59:27 – Bryce’s New Buyer’s Agent Initiative
  • 01:04:03 — When regional markets collapse, the cowboys disappear — and someone else pays
  • 1:07:05 – Final Thoughts: Don’t Panic, Understand The New Rules First

 

Questions We Answer

Q1) For a person (>3 IP) on long hold plan, how will these changes affect me?

Q2) Does this make new builds a viable option?

Q3) How does taking away negative gearing and reducing CGT disc help the younger generation they claim to be helping? They need this for rent vesting and help getting into this very expensive market!

Q4) Are there any changes to negative gearing on a property purchased pre-2026 which I then knock down and replace with two dwellings post-2027? Is there a difference if these two dwellings are on a single block or subdivided into separate Torrens titles?

Q5) Will my existing properties be grandfathered for both negative gearing and CGT?

Q6) If you already own an owner occupier property and want to transition it to an investment property later, can that be negatively geared?