‘Genuinely worried’: Bec Judd bashes Labor budget in fiery rant - Sky News Australia

‘Genuinely worried’: AFL WAG Bec Judd warns federal budget 2026 will ‘completely destroy’ Australia in fiery social media rant Bec Judd has hit out at Labor's 2026-27 budget, claiming it is "no longer" possible for younge people to create a successful business in Australia. Leah Stanfield Lifestyle Reporter Bec Judd has launched into a furious rant about Labor's 2026 budget, claiming it will hurt working Aussies and "destroy" homegrown businesses. The budget, announced by Treasurer Jim Chalmers on Tuesday, revealed the government will scrap the 50 per cent capital gains tax discount from 2027, and negative gearing will be restricted to new builds. "I never comment on budgets but this one has the potential to completely destroy the future business landscape in Australia," Judd, 43, began her Instagram post on Thursday. "Founders will take their companies overseas and no one will invest here. "I'm worried for our ambitious young people who won't settle for mediocrity, like this government seems to want and reward. I'm worried for millennials who haven't had a chance to build their wealth. "I'm genuinely worried about the country I love. Also, people make big life investment decisions based on the lies politicians tell. This to me is unconscionable." The podcast host added that while she won't be personally affected by the changes, she is deeply concerned about the future of Australia. "Before anyone writes the headline, 'Wealthy Bec Judd whinges about paying more tax', this isn't about me, I've built my wealth already," she continued. Bec Judd slammed the 2026 budget in a fiery Instagram post. (Picture: Instagram) Bec Judd said she's 'genuinely worried' about the future of Australia. (Picture: Instagram) "This is about my fellow Australians and our future generations. Especially the bright spark kids who want to create businesses and have a crack. "This sadly is no longer the country to do it in." In a follow-up post, Judd shared some of the messages she had received from worried Aussies, including one who said they were considering moving abroad. "This year at 36, my husband decided to go out on his own in his field. After the budget, he is beyond stressed at how we continue to build not wealth but security for our family," they shared. "He is already looking to take business to Singapore. Which we find beyond sad." Bec Judd has an estimated net worth of $20 million. (Picture: Wendell Teodoro, Getty Images) Another small business owner told the model they were feeling "helpless" and "barely scraping by". "The reality is a lot of small business owners are exhausted, burnt out and wondering what the point is anymore," wrote a third. During his speech on Tuesday, the Treasurer defended the budget, stating it will deliver a "fairer tax system for workers, first home buyers and future generations" to help "rebalance a system which is more generous to assets than it is to labour". Join the conversation