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Budget 2026: housing changes to slowly reverse decades of damage

The government’s changes to capital gains and negative gearing will begin to undo decades of damage to the housing market caused by Howard-era policies – so will Elinor actually be able to buy a house? On this episode of Dollars & Sense, Greg and Elinor discuss the federal budget, the latest wages data, and why the government is making Australian workers wait-o for the WATO. This discussion was recorded on Thursday 14 May 2026. Visit The Point for research, analysis, explainers and factchecks from experts at the Australia Institute and beyond. Host: Greg Jericho, Chief Economist…

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