Updated April 30, 2026 — 2:55pm , first published April 30, 2026 — 8:41am Treasurer Jim Chalmers has given a clear sign any changes to capital gains tax and negative gearing will be accompanied by transitional arrangements that will give some protection to people who already hold assets, downplaying suggestions of a surge in revenue from housing reform. Senior ministers are expected to sign off on the key tax reform elements in the May 12 budget in coming days, with a reduction in the CGT concession and an overhaul of negative gearing two key elements of a package that is also expected to provide new incentives for business investment. Treasurer Jim Chalmers has signalled existing investors will have some safeguards from any changes to property and capital gains tax changes.…