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#budget-2026 — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #budget-2026, aggregated by home.social.

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  1. The new federal budget offers modest help for Australia’s squeezed renters, but fails to match the scale of the crisis.
    Rent assistance is up for those already on payments, and “no grounds” evictions may be banned eventually. Limiting negative gearing to new builds is a small blow against property investor privilege.
    But the core reality remains ignored. Sydney median house rent is now $990 a week. There are 360,000 more renting households than in 2016. Many key workers—nurses, teachers, retail staff—earn too much for help but not enough for security.
    The budget’s new rental supply won’t arrive for a decade. That does nothing for a family facing a rent rise next month.
    Renters need secure, affordable homes near jobs and services, not just promises of future stock. This budget nods toward reform but still treats renting as a second-class form of housing. A home is a home, whether you own it or not.

    #AusPol #HousingCrisis #Budget2026 #budget

    theconversation.com/not-homele

  2. Amy Remeikis

    'the RBA is raising interest rates to make more people unemployed, in a heavy-handed attempt to tackle potential future inflation, Treasury is revising down expenditure in Jobseeker, claiming there will be a 3.8 per cent drop or saving of $700 million over two years'

    #ausPol #budget2026 #labor

    thenewdaily.com.au/news/politi

  3. The #Liberals & their #PHON & #Nationals mates are blaming 'non-citizens' for nearly everything. We non-canines can hear the dog-whistling. We know what toxic #nationalism looks and smells like. With about 50 yrs of #Oil left, #electrification is essential. #AngusTaylor joins the #populist road to oblivion. They are simply scientifically and economical ignorant #Budget2026 #NetZero

  4. Just 1% of Australians get over half the benefit from the capital gains tax discount.
    The top 10% get 83% of the CGT concession and 37% of negative gearing benefits.
    These aren't "middle class" tax breaks – they're housing speculation subsidies for the wealthy.
    The 2026 budget finally takes them on.

    #AusPol #HousingCrisis #TaxJustice #Budget2026

    theguardian.com/news/2026/may/

  5. I note the #Albanese Government has finally done something about #NegativeGearing and the #CapitalGainsTax in the Budget.

    It is only four years late for this mob and it should never have been made in the first place by John Howard’s Government. But as @amyremeikis.bsky.social points out in her excellent book, everything that is wrong with Australia started under the Howard Government.

    The Negative Gearing change ‘grandfathers’ (ie, does not apply to) people with existing properties … that would be nearly every politician in the Federal Parliament.

    I’ll write that again … the changes to negative gearing do not apply to nearly every single politician in the Federal Parliament.

    #AusPol #Budget2026 #Budget26

    Edited to add a hashtag

  6. All this talk of #housing #Budget2026. Isn’t it staggering how not one politician or media outlet is talking about protecting #RentersRights? #RuleOfLaw should be fully operational protecting the people doing it toughest. We should be looking after people better. #auspol #Shame

    RE: https://bsky.app/profile/did:plc:vzhasc32fu4oaivv5s3iaqz2/post/3mkppm6lx5s24

  7. #Labor is moving in the right direction and the #Greens are also right saying "not enough". It is disturbing to watch the highly monied class complain about a cut-back to their free ride. Workers who aren't crippled by rent are more productive. #Budget2026

  8. The #budget2026 is bad, will not help anyone, and is probably irrelevant anyway. #EndOfStory

  9. Indeed, how can this be? The answer is simple: Because #AlboPM wishes it so… Why? Well, that’s a whole other question isn’t it?

    “The Japanese Government raises $8 billion per year from its Petroleum and Coal Tax, including around $710 million from imports of Australian gas.

    By contrast, the Australian Government is currently getting around $420 million per year from gas exporters paying Petroleum Resource Rent Tax (PRRT). Prior to 2023, it was receiving zero. Nada. Nothing.

    In other words, the Australian Government is getting less money from our gas exports than Japan is.

    State and territory governments also raise money from gas, especially Queensland which expects to get $1.2 billion this financial year (page 64) from its onshore deposits.

    But most of Australia’s gas exports come from massive offshore deposits owned by the Federal Government. This means that even though far more federally owned gas is exported, Queensland’s government (like Japan’s!) raises more money.

    How can this be?”

    Read more
    thepoint.com.au/explainers/260

    #GasExportTax #AusPol #Japan #QLD #PRRT #Budget2026

  10. If you’re in Canberra today and want the voices of disabled people heard on the truly awful cuts to NDIS, come to the rally at Parliament at 2pm. I’ll see you there!

    Lots of other ways to take action listed on the page, and protests in other cities today.

    #NDIS #disability #autistic #neurodivergent #Canberra #auspol #Budget2026

    greenleft.org.au/2026-05/event

  11. Liquidation de l'Institut national de la #consommation "60 millions de consommateurs"

    Le gouvernement a publié dimanche un décret au Journal officiel fixant les modalités de liquidation de l’Institut national de la consommation (INC) et de la recherche d’un repreneur pour son mensuel. franceinfo.fr/economie/medias/

    #magazine #presse #privatisation #media #Budget2026