How the tax changes impact property investors and first home buyers

Australia's Labor government restricted negative gearing and capital gains discounts to newly built properties from July 2027, while introducing a 30 percent minimum tax on family trusts. Existing property investors lose negative gearing benefits after purchasing, though current investors remain grandfathered. The changes fund a permanent $250 annual tax offset for 13 million wage earners, effective July 2027.

Summary by Glance · The Age