Show Notes
If you're under 40 and trying to build wealth, this clip is essential viewing.Michael Killiner and Ben Elliott (Managing Director, KHT Accounting & Wealth) break down exactly why the 2026 federal budget has quietly made it harder than ever for young Australians to get ahead — and the numbers are genuinely eye-opening.
Saving in the bank? You're making 1.2% in real terms. Using ETFs to grow a deposit? You'll now pay a 30% minimum tax on the gain, even if you're a student. Trying to rent-vest your way into the property market? The tax benefit that made it work is gone.
Ben walks through the new CGT rules in plain language, including what the indexation method actually means, why the 30% minimum tax rate is so significant, and the critical valuation deadline that every single asset owner in Australia needs to act on before 30 June 2027.
This is a clip from Episode 63 of That Backyard Property Pod. Watch the full episode here:
🔔 Subscribe & leave a comment with your questions — we build episodes around what YOU want to know.
General advice only and not personal advice. CRN 485467 -------------------------------------- Subscribe: https://www.youtube.com/@ThatBackyardPropertyPodcast Instagram: https://www.instagram.com/backyardpropertypod?igsh=MWhkOWx5YzJxdDc3ag== Website: https://tuskfinance.com.auConnect with Michael: Facebook: https://www.facebook.com/tuskfinancemk Instagram: https://www.instagram.com/mortgageswmichael LinkedIn: https://www.linkedin.com/in/michaelkilliner TikTok: https://www.tiktok.com/@backyardpropertypodcast Tusk Finance: [email protected]
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Chapters: (00:00) Why you can't save a deposit by just saving anymore (01:15) 5% interest vs. 3.8% inflation: the real return on your savings (02:30) How young Australians have been using ETFs to build a deposit (04:00) The new CGT rules explained: what indexation actually means (06:15) The 30% minimum tax rate and why it hits low earners hardest (08:30) A real example: a $50,000 gain for a student under the new rules (10:00) The valuation deadline every asset owner must know: 30 June 2027 (12:00) Why new residential builds are treated differently under the old rules Produced by Podwave Studios: https://www.podwavestudios.au #AustralianBudget2026 #Budget2026 #Budget202627 #FederalBudget2026
More from That Backyard Property Podcast
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Book a consult with Michael: https://calendly.com/d/cwrg-969-cjc
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