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Well, the Budget was interesting!
There were some major changes announced for investors. Especially around capital gains tax, negative gearing, and trusts.
Some of it is reasonable. Some of it is questionable. And some of it looks suspiciously like a tax grab dressed up in nicer language.
In this week’s article, I go through what’s changing, how investors might be affected, and what it could mean for those pursuing financial independence.
I also cover a few possible strategy tweaks, why FIRE may become slightly less efficient, and how to prepare for the future.
Read: Tax Changes, FIRE & Investing Strategy
STRONG MONEY PODCAST
In this episode, I explore how to pivot away from full-time work once you’re in a strong financial position. There’s a surprising number of options available!
I also share a couple of useful ways to rethink your FI number that might mean you’re closer to freedom than you think.
🎧 Listen here on Spotify, Apple, or on the website
📄 Read the article version here
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AUSSIE FIRE PODCAST
Because it’s probably the most interesting finance news in 2026, we also unpacked the budget in detail on the Aussie FIRE pod.
We’ve had countless questions about it and everyone’s got their own thoughts. In this pod, we flesh out the impacts and what it means for portfolios, retirement, and debt recycling.
🎧 Listen here on Spotify, Apple, or on YouTube
P.S. Hayden built a calculator to help calculate the tax changes, which you can find here
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THOUGHTS OF THE WEEK
I know someone with $10m of investments who drives a 2008 VW Golf. I know others with $100k cars who don’t have a single dollar invested. Most people who look rich probably aren’t. And most people who are rich probably don’t look it. Wealth is usually invisible.
Most people think retiring early requires a paid-off house. False. If you rent, you just need enough invested to cover the rent. If you own, you just need enough to cover expenses, mortgage included. You can own your time without owning your home. Surprisingly few people understand this.
Once you can afford to, the best thing you can do, is nothing. Not literally nothing, but space. Just time to exist. Time to think about your life and how you want to live. It looks like wasted time from the outside, but it might be the most valuable thing you ever do.
