28/06/2026
💰🇦🇺 Budget and tax debate continues
Treasurer Jim Chalmers is reportedly predicting that Australians will “over time” move past anger over broken promises linked to the May budget, as debate continues over capital gains tax (CGT) settings and their impact on investment.
Key points: • Chalmers suggests public anger may ease over time
• Investors say the CGT carve-out is too narrow
• Concerns raised about potential impact on investment activity
• Ongoing political debate over budget credibility and tax policy
Supporters of the government argue that budget decisions must balance fairness, revenue needs, and housing pressures, and that reforms often take time to be fully understood or felt in the economy.
Critics argue that if tax changes undermine investor confidence or are seen as broken promises, they can have lasting impacts on trust and economic behaviour, particularly in housing and business investment markets.
At the centre of the debate is a broader question: do voters eventually move on from controversial budget decisions, or do they have long-term consequences for trust in government?
💬 What do you think?
👉 Will Australians move past the budget anger over time?
👍 YES
👎 NO