Jun 25, 2026 – 11.57amThe Albanese government will make further changes to its budget, this time to stop existing investment properties losing grandfathered exemptions from the changes to capital gains tax and negative gearing in the event one of the owners dies, or there is a divorce.The so-called widows tax, which would affect an estimated 680,000 properties that were owned before budget night and supposedly grandfathered from the tax changes, is contained in the budget bill being rushed through parliament on Thursday with the support of the Greens.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles