Negative Gearing and Capital Gains Tax Reform

The Government is helping more Australians get into the housing market and improving the efficiency and fairness of the tax system. Your thoughts?

The Government is reforming negative gearing and capital gains tax arrangements.

These reforms will limit the benefits of negative gearing to new residential properties, re-introduce capital gains tax cost base indexation, and introduce a 30 per cent minimum tax on capital gains.

From 1 July 2027 the Government will:

• Limit negative gearing for residential property investments to new builds; and

• replace the 50 per cent GST discount for individuals, trusts and partnerships with cost base indexation and a 30 per cent minimum tax rate on capital gains

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