2026 Federal Budget recap: trusts, CGT and negative gearing

In this episode of Tax Archives with Fletch and Sarah, we discuss our initial reactions to last night's 2026 Federal Budget — the most tax-heavy budget we've seen in years. We cover three tax measures: the 30% minimum tax on discretionary trusts; changes to the CGT general discount; and the long-debated negative gearing reforms. We look at what the minimum tax means for trustees and beneficiaries, why bucket companies are persona non-grata, and what the return of cost-base indexation will mean in practice for advisers and their clients. Listen now.