JaymanAU

@SimonBanksHB Let me tell you what is going to happen! Investors will keep their properties for now so still be able to NG and because they dont sell then no CGT to the government. Supply will not increase, those people priced out of buying will still be priced out.

The LNP have made it clear today they want 75,000 fewer Australians to own their own home

@missrobinson Exactly how or what is going to change? Will a young person earning $60,000 be able to borrow more from the banks to buy a house? Prices will not go down they will just slow a little so if you’re priced out now then nothing will change.

20% of Australian taxpayers own at least 1 second property 10% of Australian adults have ETFs Amongst young people, home ownership has decreased from 61% to 43%. Something had to change.

@Melbourne_says Feel for you mate but this budget will just increase rents expedentially. We were going to to sell our house and rent while we worked out where we wanted to live but I think we will hold tight now.

I often talk about how my values align with Labor, but today's budget will define my next vote. My rent has gone up 723 dollars a month in just 6 years. My wage hasn't. I hope tonight's #Budget2026 brings relief for millions of Aussie renters like me.

Okay so 20 years ago Australia was in surplus and owed nothing to no one. Now we have over a trillion dollars of debt. Be prepared for further tax on family home, inheritance and also your super accounts. I’m going to call it now it’s coming. #Budget2026

@PatrickGormanMP What’s it going to do to allow more people to bait a home. If people can’t burrow the money to buy a house now what does the budget change to allow them to now burrow the money. Nothing, you are all sounding like sheep right now following the same script. People see through it.

Australians deserve a fair crack at buying their first home. That is what Labor’s Budget delivers. Combined with our 5 per cent deposit program, we are shifting the scales in favour of aspiring first home buyers. 🏠🏡🏘️🏠🏡🏘️🏠🏡🏘️

@AlboMP Either you think most Australians are dumb or you and your government are a bunch of dumb sheep. Good luck next election old mate.

We're changing property investor tax breaks to give first home buyers a fair go. Here’s why.

@AlboMP Yeah sorry you have, you’ve taken the very tools older Australians have used and removed them for the younger Australians.

We won't let young Australians get left behind.

@AlboMP But they have to rent if they can’t burrow money from financial institutions due to income or interest rates! So how does the changes you make enable these people to now be able to burrow the funds they need??? I’m confused.

Young Australians shouldn't have to rent forever.

I’ve got a feeling if things don’t pan out money wise with this budget the govt will go after super funds next. I think by the time I retire I’ll be on aged pension as all my money will be locked up or taxed to oblivion #Budget2026

@nickpmclaren It’s all about income and burrowing power not if they are an investor or not. If I can burrow $20,000 more than you then I have the advantage. Unfortunately it’s going to be harder for you to build wealth on savings using investments in shares etc. Will take longer that’s all.

A long time ago we went to buy a unit, only to be outbid by a negative gearing investor. We wanted to live in it. I can’t believe all these years later the tax benefit that favours investors over 1st home buyers is finally changing! #budget2026 #therichgetricher

@TMFScottP Problem with NDIS savings is someone will not get funding. Then they complain, Kick and scream and then go on ACA about there dire situation or go to ART and NDIS gets overruled. Wanna fix NDIS implement fixed payment structures for services, remove self managed plans.

I don't think I mentioned the NDIS tonight. The largest saving in the Budget... *if* it can be delivered. Enormous risk to the bottom line. #Budget2026

Is Charles Croucher a poster boy for the Labor party. Not a bad thing to say about the budget at all. #Budget2026

@effiezahos Only person on TV actually talking some sense around the budget changes. You can increase supply but people limited on lending based on wealth and income. They are making tools to build wealth look unattractive.

@PaulineHansonOz Young people need to be able to afford the burrowing of money to buy a house. No use building more homes or increasing supply if people’s wages can’t support the lending requirements needed to buy properties. People need to build wealth as well as increase supply.

If this is all about housing for young people then why are all our other assets being included such as shares , commercial property , industrial property what’s that got to do with housing ?

Capital Gains tax changes don’t just affect property. Advising your kids to save money and invest in shares etc is now not the wealth growing option it was. That’s for everyone young or old. #Budget2026

Point is younger people owning a home is not about supply it’s about wealth. What they can borrow, what is their deposit. Could have many more houses on market but younger people still would not be able to afford without additional wealth. #Budget2026

So the changes to CGT and NG is to increase supply. So how is a younger person earning $70,000 a year and have a %5 deposit able to borrow for a $600,000. Repayments nearly $700 a week with $1100 week after tax income. $400 for food, insurance, utility’s, rates etc. #Budget2026

The biggest misconception about investors in realestate is they make huge tax savings. Me and my partner had one for a few years and for the almost $20,000 it cost every year we only got back $1000 max. The offset is off income tax so you get 35c for every $ spent. #Budget2026

@chris_m_80 @AlboMP Younger people need access to funds which is linked to income. Less rental supply equals increase rents. Inflation increase equals interest rate rises. So borrowing limited, rent increasing, interest rates increasing, Wages stay same. More than one reason people locked out.

@AlboMP RENTS WILL NOT GO UP - RENTERS FINALLY BECOME BUYERS AS PRICES NORMALISE!!!

We're changing property investor tax breaks to give first home buyers a fair go.

Clearly the problem with the dragons was the coach. Quite evident! #NRLDragonsKnights