supported 95% confidence
The article says the budget replaces the CGT discount and limits residential negative gearing to new builds from 1 July 2027.
“The discount will be abolished, replaced by an inflation adjustment ... The government will also limit negative gearing for residential property to new builds.”
This is a clean summary claim explicitly spelled out in the source text.
Alternative defensible framings
- The source documents this as one visible part of the wider Budget 2026 reaction and explanation cycle.