The Guardian Australia
·general
·1 hour ago
Budget capital gains tax changes and negative gearing reform explained
Australia's government announced major tax reforms on budget night 2026, targeting negative gearing, capital gains tax, and trusts to improve intergenerational fairness. Negative gearing on investment properties purchased after budget night will end from July 2027, while the 50% capital gains tax discount will be replaced by cost-base indexation. Treasury expects 75,000 extra Australians into home ownership within a decade.
Summary by Glance · The Guardian Australia
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