BCCM Federal Budget 2026–27 breakdown

Measures of note for co‑operatives and mutuals

Agriculture and small business

• $45.1 million over four years from 2026–27, and $11.4 million per year ongoing, to continue Australia’s international engagement in agricultural forums and trade standard‑setting functions.
• From 1 July 2026, the Government will permanently extend the $20,000 instant asset write‑off for small businesses with turnover of up to $10 million.

Housing

• As foreshadowed prior to Budget night, negative gearing for residential property will be limited to new builds, and the 50 per cent capital gains tax discount will be replaced with cost base indexation for assets held for more than 12 months, with a 30 per cent minimum tax on net capital gains.
• $2 billion over four years from 2026–27 to support local governments and state utility providers to expedite the delivery of housing‑enabling infrastructure.
• $6.3 million over three years from 2026–27 for a national First Nations housing peak body to represent the Aboriginal and Torres Strait Islander housing sector and support improved housing outcomes for First Nations people and communities.

Social care

• $565 million over four years from 2026–27, and $2.1 million per year ongoing, to strengthen regulatory, governance and quality arrangements, sector viability and workforce supports to provide better care for older Australians. This includes $2.4 million in 2026–27 to extend the Care Together program to support the start‑up and development of co‑operative and mutual enterprises, and deliver business resources and professional support across the aged, disability and veterans’ care sectors.
• $1 billion over four years from 2026–27, and $337 million per year ongoing, to ensure the service type ‘personal care’, including showering, is fully funded by the Government for all recipients under the Support at Home program.
• $1.7 billion to incentivise the construction of up to 5,000 aged care beds per year.
• $1.7 billion over five years from 2025–26, and $111 million per year ongoing, to support people with disability and improve the quality of supports delivered through the National Disability Insurance Scheme. This measure is projected to reduce growth in NDIS payments by $37.8 billion over four years from 2026–27.
• $2 billion over five years from 2026–27 to deliver national services, fund enabling supports and contribute to state and territory services through the Thriving Kids program.

Financial services

• Savings of $3 billion over four years from 2026–27 through the removal of the age‑based uplift to the Private Health Insurance Rebate.
• Legislation to modernise, simplify and improve regulation in the financial sector, including reforms to regulatory requirements for small and medium‑sized banks.
• Public consultation on options to strengthen the superannuation performance test to remove any unintended barriers to investment in sectors such as housing and renewable energy.

Energy

• $11.9 billion over five years from 2025–26 to support Australian households, businesses and industry through the National Fuel Security Plan.
• $35.5 million over four years from 2026–27 to ensure a secure and ongoing supply of affordable gas through the domestic wholesale gas market, including through the establishment of a Domestic Gas Reservation Mechanism.
• $15.9 million over four years from 2026–27 to strengthen the Australian Energy Regulator, supporting network regulation, Energy Made Easy, implementation of the National Electricity Market wholesale market settings review, and compliance and enforcement activities.