Australia plans to replace the 50% capital gains tax discount with inflation-based indexation and introduce a 30% minimum tax on capital gains from 2027. Under current rules, Australian residents can reduce capital gains by half if assets are held for at least 12 months. The proposed shift to inflation indexation will ensure only real gains above CPI are taxed.
Negative gearing reforms will limit deductions for established residential properties acquired after May 12, 2026, with losses carried forward rather than offsetting other income immediately. Crypto assets, including Bitcoin, will fall under the revised CGT system, with new reporting requirements aligned to OECD standards and increased Australian Taxation Office enforcement focus on compliance and classification.
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