Government Now Likely To Pass Budget After Slight Changes To Ensure That Real Estate Agents Suffer The Most

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After weeks of back and forth, The Federal Government now feels they have enough support in the upper house to pass the highly contentious May budget.

In what was always going to be a knife-fight over economic policy, it seems that Prime Minister Albanese and Treasurer Jim Chalmers appear to have conceded on the changes to Capital Gains Tax Discount for start-ups and small businesses.

This comes after highly passionate consultation with community members - as well the last remaining Liberal Opponents who have a fucking brain and the ability to represent their interests of their voters through politics.

It is believed that several Independent MPs and Senators have also engaged heavily with the government, namely Wentworth MP Allegra Spender and ACT senator David Pocock asking Jim why, Jim!?

So this week, the government have decided that sure it's only going to blow the budget out by half a billion, but at least they don't have to bow down to the property lobbyists who have dictated all government housing policy since Howard, in turn, creating a catastrophic housing crisis in their greedy efforts to shrink supply and spike value.

And now real estate agents are likely to suffer the most as a result of the 2026 May Budget.

It is being reported that the 50 per cent extra capital gains tax discount for small businesses will be extended to those with a turnover of up to $10 million instead of $2 million.

This follows a quick and stern backlash from small business owners, who were forced to fill the role of politicians over the last month, as they desperately lobbied Jim Chalmers to please not tax them as hard as the boomer property investors.

Startup founders and employees will get an extra 50 per cent concession of their own, with details to be finalised following further consultation.

While tech founders will argue that anything that turns over less than ten rocks a year isn't even worth bothering with, the changes appear to have appeased the unhinged and political volatile small business community.

And at the end of the day, as long as nobody is making any effort to make life easier for real estate agents, it seems that everyone is happy.