Jun 3, 2026 – 5.00amThe Australian Taxation Office’s new ruling on holiday home deductions and the federal budget’s removal of negative gearing for new investment property purchases arrived within a fortnight of each other.Whether by design or coincidence, the combination lands squarely on one of Australia’s most emotionally charged asset classes, and the implications deserve more careful examination than either policy has received in isolation.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Rebecca PritchardFinancial plannerRebecca Pritchard is a senior financial planner and partner at Rising Tide.Fetching latest articles