# Australia's Budget Bombshell, Small Caps Soar

Page: https://stenobird.com/podcast/sydney-news-today-2-min-news-the-daily-news-now-7568669/australia-s-budget-bombshell-small-caps-soar
Text version: https://stenobird.com/podcast/sydney-news-today-2-min-news-the-daily-news-now-7568669/australia-s-budget-bombshell-small-caps-soar.md
Podcast: [Sydney News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/sydney-news-today-2-min-news-the-daily-news-now-7568669)
Published: 2026-05-15T06:32:04+00:00
Episode link: https://api.fastcast.ai/audio/03ec94cf-7db8-437f-840a-e0e2ea7e8db2.mp3
Audio file: https://api.fastcast.ai/audio/03ec94cf-7db8-437f-840a-e0e2ea7e8db2.mp3
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Duration seconds: 106

## Resource

Australias latest budget unveils significant tax hikes, impacting capital gains, negative gearing, and family trusts. The Treasurer aims to boost revenue by eight billion dollars. Meanwhile, the ASX witnesses a surge in small caps, with Myeco Group, Elixinol Wellness, Stelar Metals, and fourteen fourteen Degrees leading the charge. These companies are making big moves without big budgets, setting the stage for thrilling market developments. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/5b081a0423e0eb9b

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