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The 35,000 comes from the Budget papers: about 35,000 fewer dwellings over the next decade compared with no policy change, or about 0.25% of the housing stock. The same estimate projected about 75,000 more owner-occupiers.

Schedule 1 is a new Innovative Business CGT Concession (IBCC), Schedule 2 the R&D rewrite, Schedule 3 venture capital, Schedule 4 monthly PAYG instalments and Schedule 5 the electric car fringe benefits tax (FBT) discount.

The Innovative Business CGT Concession (IBCC) would give eligible founders, employees and investors a 50% CGT discount on equity in innovative start-ups, including early investors with a low or zero cost base. It sits in Schedule 1 of the Treasury Laws Amendment (Tax Reform …

The R&D changes sit in Schedule 2 of the Treasury Laws Amendment (Tax Reform No. 4) Bill 2026, introduced by Treasurer Jim Chalmers on 27 October. It is a bill, not law, and the changes would apply from 1 July 2028.

PAYG instalments are prepayments of income tax on business and investment income. They are paid during the year and credited against the final assessment when the return is lodged. Most payers do so quarterly, usually through their activity statement.

PAYG instalments are prepayments of income tax on business and investment income, credited against the final assessment once the return is lodged. By default, the ATO works out the amounts from the most recent tax return, a problem when this year's income runs well …

Since 2022, eligible zero or low emissions cars provided to employees can be exempt from FBT when their value is below the luxury car tax (LCT) threshold for fuel-efficient vehicles. That covers salary-packaged novated leases, where the car is paid for partly from pre-tax …