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03/06/2024

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Afternoon report 13/05/2026

The Match Out: Federal Budget 2026 – What it means for Portfolio’s

The ASX slipped for a fourth straight session today as a sharp selloff in CBA following a softer quarterly weighed heavily on the broader market, with the market also digesting the implications of last night’s Federal Budget and its proposed changes to negative gearing and capital gains tax concessions.

Morning report 13/05/2026

Portfolio Positioning: Let’s get back to our knitting now the budget is behind us

The ASX 200 retreated 0.4% on Tuesday, ahead of the Albanese - Chalmers budget which had mostly been leaked. On the stock/sector level the story pretty much remained the same, with over 65% of the main board retreating and the miners unable to support the fragile ASX.

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