Budget 2026: Shadow treasurer Tim Wilson on housing, tax changes and migration | SBS

1 hour ago The Front Page News

Shadow treasurer Tim Wilson says the opposition will not support the government’s proposed changes to negative gearing, the capital gains tax and trusts.

Wilson says the changes outlined in the 2026-2027 budget won’t increase the number of homes being built or help renters.

“This budget is built on broken promises, higher taxes, lower living standards and, more shockingly, fewer homes,” Wilson says.

Speaking with SBS Chief Political Correspondent Anna Henderson, Wilson says he won’t stand in the way of the $250 tax offset measure, but says that by the time it arrives in 2028 it will be eaten away by inflation.

00:00 $250 tax offset
01:19 property tax changes will lead to fewer homes being built
03:15 changes to migration

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