Equity Mates Investing Podcast The budget hits all investors, how you can leverage into shares & is Bitcoin back?
May 13, 2026
The budget’s changes to negative gearing and capital gains tax and what that could mean for property, shares and startups. A lively portfolio check-in with debate over holding Catapult versus adding Berkshire or TSMC. A push to consider Bitcoin and Bitcoin ETFs as a momentum play. A plain-language 101 on gearing, margin loans and geared ETFs and where moderate leverage might fit.
AI Snips
Chapters
Transcript
Episode notes
Capital Gains Discount Replaced With Inflation Indexation
- The Budget replaced the 50% capital gains tax discount with inflation indexation plus a minimum 30% tax on capital gains.
- Bryce and Ren warn this increases complexity for investors and makes tracking cost base and inflation adjustments essential for tax reporting.
Startups Face Competitiveness Risk From CGT Changes
- Startup community backlash forced the government to promise consultations because removing CGT discounts makes Australia less competitive for founders.
- Ren and Bryce cite examples showing Australia could become one of the worst tax jurisdictions for selling a successful startup.
Stay Committed To Share Market Investing
- For long-term investors, Ren and Bryce recommend staying the course with share market investing because fundamentals haven't changed.
- They emphasise investing remains the best option to grow beyond savings and salary despite tax tweaks.