Australian Federal Budget 2026/2027 Summary by Vialto Partners

The 2026/2027 Australian Federal Budget signals one of the most significant shifts in Australia’s tax settings in decades. Proposed changes to capital gains tax and negative gearing reforms will be particularly important for mobile employees, especially those who own residential properties.

There is uncertainty around how some of the proposed measures will operate in practice. Mobility professionals should begin considering the potential impact on mobility costs and questions mobile employees are likely to raise, particularly around property and investments.

From a migration perspective, the Budget takes a firm approach to reducing net overseas migration while reshaping Australia’s migration program towards younger, higher-skilled and economically productive migrants. The measures strongly favour skilled workers who can quickly contribute to priority sectors, while tightening integrity settings and increasing compliance oversight.

Download a copy of Vialto Partners' budget summary at their regional alerts site.