What Real Budget Reform for Young Australians Would Actually Look Like

The 2026 Budget was pitched as a fix for intergenerational unfairness. Nick's fired up and reckons none of it adds up, especially if you're a young Australian trying to get ahead. But you can't just criticise without bringing a solution, and he's got a few of his own. On this episode, we discuss: (00:00) Intro (01:17) The 2026 Budget's Reform Pitch and Where It Misses Young Australians (02:29) Bracket Creep and the 47% Tax Rate That Hits Young High Earners (05:35) The $1,000 ATO Deduction Is Less Than Most Australians Already Claim (06:29) The HELP Debt Indexation Problem That Costs Australians Thousands Every Year (08:55) Removing Negative Gearing on Existing Homes Won't Free Up Housing Supply (11:24) Rents Are Set to Rise as Negative Gearing Shifts to New Builds Only (11:55) CGT Changes Hit Startup Founders Hardest, Not Property Investors (14:00) The Property Marketers Set to Profit From the Negative Gearing Reforms (16:47) Cutting Income Tax and Lifting GST, the Real Reform Trade-Off (18:31) Top 10 Postcodes by Taxable Income from Portsea to Mossman (21:25) Australia's GST Has Been Stuck at 10% Since 2000 (25:30) One Nation's Rise and What It Says About Voter Frustration Check out the free resources from Inovayt here. Send us an email: [email protected] The Numbers Game is brought to you by Future Advisory & Inovayt. Hosts:Nick ReillyJason Robinson This podcast is produced by VIDPOD. Check out our new website thenumbersgamepodcast.com.au. Browse the full show catalogue, jump straight to specific moments on the topics you love, or leave us a voice note. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.