renters who aren\u2019t able to buy a house<\/a> are being left behind. The reforms are expected to nudge rents up almost $2 a week, while the government\u2019s Help to Buy shared equity scheme is lending less than expected, letting the government bank $685m.<\/p>\nBudget losers<\/p>\n
Endangered species<\/p>\n
Despite a number of funding measures designed to speed up environmental approvals and improve productivity, there isn\u2019t much set aside for protecting endangered species and restoring their native habitats.<\/p>\n
![\"What](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/05\/1778608698_636_6480.jpg\")
What is capital gains tax and how does it work? \u2013 video<\/p>\n
The papers show $99.6m over the next two years will be dedicated to supporting conservation and planning activities. The figure is well short of what experts say is necessary. Tough day to be a greater glider.<\/p>\n
Rich families<\/p>\n
Rich Australians have increasingly minimised tax by keeping assets in discretionary trusts, which allow them to siphon income to individuals who are paying low or no tax. From 2028, they\u2019re going to have to pay a minimum 30% tax, adding $4.5bn a year to government coffers. The wealthiest 10% hold almost all of Australia\u2019s private trust wealth so that money will be coming straight from Australia\u2019s rich.<\/p>\n
Dodgy e-bike sellers<\/p>\n
The last few years have been a bit of a free-for-all when it comes to importing and selling e-bikes. The federal government has now put $6.6m into strengthening Australia\u2019s product safety framework and safety standards, including by improving product recalls, online marketplace reforms and introducing nationally consistent standards for e\u2010bikes.<\/p>\n
Overseas travellers<\/p>\n
Air fares are on the rise and now the government is going to make international travel even more expensive. The $70 passenger movement charge, which is built into tickets on planes and boats, will rise to $80 on 1 January 2027, handing the government an extra $210m a year to throw around.<\/p>\n
Hopeful migrants<\/p>\n
The government says new budget measures will cut migration numbers. Migrants who aren\u2019t already in Australia will be less likely to get a permanent visa, while older, lower-skilled and less educated migrants will have less of a shot under changes to Australia\u2019s points system.<\/p>\n
Working holiday visas will more often be allocated by ballot, as the government works to keep numbers from getting out of hand.<\/p>\n
People out of work<\/p>\n
Almost 50,000 more Australians will end up looking for work in the next year, as the unemployment rate climbs to 4.5%, its highest since the pandemic. The government is still not boosting jobseeker, which caps out at $58 a day for a single person with no children. Those without jobs will also miss out on the only major cost-of-living relief in this budget: a $250 tax rebate, only for workers, to be paid in 2028.<\/p>\n
Freight rail enthusiasts<\/p>\n
The inland rail project, aimed at moving freight between Melbourne and Brisbane, will now terminate in Parkes in New South Wales, saving taxpayers $4.4bn. But passenger rail is a winner, with $3.8bn for Melbourne\u2019s Suburban Rail Loop<\/a>, $660m for the Newcastle to Sydney high speed rail project and $50m for a much-needed upgrade to the Sydney to Canberra rail corridor.<\/p>\n","protected":false},"excerpt":{"rendered":"Being a winner or a loser from the federal budget can be the difference between hundreds of dollars…\n","protected":false},"author":2,"featured_media":666488,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,63,44],"class_list":["post-666487","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australia","tag-au","tag-australia","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/666487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=666487"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/666487\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/666488"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=666487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=666487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=666487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}