May 28, 2026 – 8.00pmAustralians are less likely to invest in shares, start-ups, old and new property and family businesses as Labor’s changes to capital gains tax and negative gearing dampen appetite for risk.Two separately commissioned surveys, conducted before and after Treasurer Jim Chalmers’ fifth budget was handed down on May 12, show that Labor’s decision to introduce a minimum CGT rate of 30 per cent and wind back negative gearing benefits for property investors has weakened investment sentiment.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Investors nervous on all asset classes after Labor’s tax changes
Two separately commissioned surveys show apprehension among investors, including younger people the government was hoping to win over.














