The 2026 Budget was pitched as a fix for intergenerational unfairness. Nick's fired up and reckons none of it adds up, especially if you're a young Australian trying to get ahead. But you can't just criticise without bringing a solution, and he's got a few of his own.

On this episode, we discuss:

(00:00) Intro
(01:17) The 2026 Budget's Reform Pitch and Where It Misses Young Australians
(02:29) Bracket Creep and the 47% Tax Rate That Hits Young High Earners
(05:35) The $1,000 ATO Deduction Is Less Than Most Australians Already Claim
(06:29) The HELP Debt Indexation Problem That Costs Australians Thousands Every Year
(08:55) Removing Negative Gearing on Existing Homes Won't Free Up Housing Supply
(11:24) Rents Are Set to Rise as Negative Gearing Shifts to New Builds Only
(11:55) CGT Changes Hit Startup Founders Hardest, Not Property Investors
(14:00) The Property Marketers Set to Profit From the Negative Gearing Reforms
(16:47) Cutting Income Tax and Lifting GST, the Real Reform Trade-Off
(18:31) Top 10 Postcodes by Taxable Income from Portsea to Mossman
(21:25) Australia's GST Has Been Stuck at 10% Since 2000
(25:30) One Nation's Rise and What It Says About Voter Frustration

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Hosts:
Nick Reilly
Jason Robinson

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