# BONUS: The 2026 Federal Budget Explained Without The Boring Bits Page: https://stenobird.com/podcast/she-s-on-the-money-983576/bonus-the-2026-federal-budget-explained-without-the-boring-bits Text version: https://stenobird.com/podcast/she-s-on-the-money-983576/bonus-the-2026-federal-budget-explained-without-the-boring-bits.md Podcast: [She's On The Money](https://stenobird.com/podcast/she-s-on-the-money-983576) Published: 2026-05-12T14:19:42+00:00 Episode link: https://omny.fm/shows/shes-on-the-money/bonus-the-2026-federal-budget-explained-without-the-boring-bits Audio file: https://mgln.ai/e/187/traffic.omny.fm/d/clips/fa326977-3de5-4283-9b8b-af3500c58607/0c6189e6-78f6-4f47-b25d-af4600179991/dcff1a33-0b39-4d25-b7ae-b44800e901f4/audio.mp3?utm_source=Podcast&in_playlist=1dc0ac03-61e1-486c-b9be-af460017999b Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/she-s-on-the-money-983576/episodes/bonus-the-2026-federal-budget-explained-without-the-boring-bits Duration seconds: 4173 ## Resource The federal budget officially dropped at 7:30pm tonight, but we recorded this episode from inside Budget Lock-Up BEFORE the rest of the country got their hands on it. At 6pm, while the internet was still speculating and journalists were speed-reading hundreds of pages of announcements and fine print, we sat down inside Parliament House to unpack the headlines we think actually matter to our community. Victoria is joined by Glen James from Money Money Money and Vince Scully from Retire Right, who also happens to own our financial services licence, which you’d think would mean we’d be on our best behaviour… but unfortunately that’s not what happened. Together, we break down: • the negative gearing and CGT changes everyone’s about to argue about • what the tax cuts actually mean for your wallet • housing affordability and first home buyers • women’s health funding • cost-of-living relief • and why the global oil crisis is suddenly impacting Australian households Plus, we had a cameo appearance from Katy Gallagher, Minister for Finance herself. This episode is landing slightly later than we planned because the audio quality wasn’t where we wanted it to be and after surviving Budget Lock-Up, the least we could do was make sure it didn’t sound like we recorded it through a microwave. CHECK OUT THE SOTM INVESTING HUB: Full of our best investing freebies, resources, courses and podcast episodes here .  INVESTING FOR BEGINNERS: All our best beginner's investing podcast episodes in one place here . Join our  Facebook Group  AKA the ultimate support network for money advice and inspiration. Ask questions, share tips, and celebrate your wins with a like-minded crew of 300,000+. And follow… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/she-s-on-the-money-983576/episodes/bonus-the-2026-federal-budget-explained-without-the-boring-bits/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/she-s-on-the-money-983576/bonus-the-2026-federal-budget-explained-without-the-boring-bits.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.