If you were thinking of buying a, say, a $2 million property to renovate and flip in 18 months, Labor’s 2026 budget just made that a perilous strategy, while also making investing in an AA rated Private Credit Fund way more attractive.

The 2026 Federal Budget has significantly shifted the goalposts for you. If you haven’t signed a contract yet, you are stepping into a very different tax environment than the one that existed last week.

In the current 2026 climate, a private credit fund returning 7.22 per cent as at 31 March 2026*, is almost certainly the superior choice for a $2 million allocation over an 18-month horizon.

*Returns are net of fees and assumes reinvestment of distributions. Past performance is not a reliable indication of future performance. Inception date 4 October 2022. Continue…

by Roger Montgomery Posted in Aura Group, Market commentary, Property.

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Red Corner (Bull) Ed Yardeni

I have written about and referenced both gents for years, and if you’d like to hear from them first-hand, you can subscribe to their musings on Substack. In the red corner is Ed Yardeni, founder of Yardeni Research and in the blue (bearish corner) is Michael Burry. Continue…

by Roger Montgomery Posted in Insightful Insights, Investing Education, Market commentary.

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The 2026-27 Australian Federal Budget, handed down on May 12, 2026, fundamentally alters the economics of property flipping.

For decades, a tax system that rewarded capital growth over rental yield made the “buy, renovate, and flip” property model a popular way for middle-class investors with a bit of energy and an idea to get ahead.

However, Labor’s latest proposed tax reforms have gutted the high margins that once made short-term established property speculation rewarding. Continue…

by Rhodri Taylor Posted in Economics, Insightful Insights, Investing Education, Market commentary, Property.

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I joined Juliette Saly on Ausbiz today to discuss the 2026 Federal Budget and whether changes to Capital Gains Tax (CGT) and negative gearing could ultimately create unintended consequences for younger Australians. While the reforms are aimed at improving housing affordability, I explained why reduced incentives for investors and forecasts for fewer homes to be built could place further pressure on supply and long-term wealth creation. Continue…

by Roger Montgomery Posted in Economics, Insightful Insights, Investing Education, Market commentary, TV Appearances.

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Higher global inflation and lower growth will reflect the scale of impact dependent on the length and severity of the U.S./Iran war. 

The near-term forecasts for global Gross Domestic Product (GDP) from the International Monetary Fund (IMF) use a Reference Scenario, Adverse Scenario and a Severe Scenario, as illustrated in Graph 1 below. Continue…

by David Buckland Posted in Economics, Energy / Resources, Insightful Insights, Investing Education.

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In my latest video insight, I explain why I believe the budget could fundamentally reshape property investing in Australia. Changes to negative gearing and capital gains tax may discourage investment in established properties, slow housing and credit growth, and create unintended consequences for banks, property-related businesses and younger Australians trying to build wealth.

Continue…

by Roger Montgomery Posted in Economics, Insightful Insights, Investing Education, Market commentary, Property, Video Insights.

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• POSTED IN Economics, Insightful Insights, Investing Education, Market commentary, Property, Video Insights.

This week I am back with Over The Money Fence with Nicola Dale and Di Edwards.  

This series aims to help you take control of your finances with clarity and confidence. 

In this episode, I reassure Nicola and Di that despite everything that’s going on globally, it’s not all doom and gloom when it comes to the economy and markets. 

Are we in a recession? I discuss the cost-of-living crisis and how this is changing our spending habits, plus the latest pricing tricks used by supermarkets and airlines. 

We also talk about property and why I believe that people who are predicting that property prices in Australia will fall by 40 per cent are wrong. Continue…

by Roger Montgomery Posted in Aura Group, Economics, Investing Education, Market commentary, Podcast Channel.

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The 2026 Federal Budget has landed with some significant implications for investors.
I discuss the key economic indicators and the tax changes that are set to reshape the investment landscape.

Economy

The starting point is to expect higher global inflation and lower growth with the scale of impact dependent on the length and severity of the U.S./Iran war.

Growth in Australia is expected to slow to 1.75 per cent in 2026/2027.

Real wages are expected to go backwards again, which means living standards are expected to decline. Continue…

by David Buckland Posted in Economics, Editor's Pick, Feature Article, Financial Services, Insightful Insights, Investing Education, Market commentary, Popular.

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• POSTED IN Economics, Editor's Pick, Feature Article, Financial Services, Insightful Insights, Investing Education, Market commentary, Popular.