13/05/2026
Big changes to negative gearing and CGT could be announced tonight.
According to AFR, SBS and others, the Federal Budget (7:30pm Tuesday) is expected to include the biggest shake-up to property tax rules in nearly 30 years.
What's reportedly changing from 1 July 2027:
Negative gearing on established properties — gone for new investors
The 50% CGT discount — wound back to around 33%
The reported grace periods:
Already own an investment property? You're grandfathered indefinitely
Buy before budget night? Same — fully protected
Buy between tonight and 30 June 2027? You get one grace year, then lose it on established properties
Nothing is law until it passes parliament. But if you've been sitting on the fence about buying, tonight matters.
If you're actively looking on the Sunshine Coast, 1 Dawn Court, Landsborough is worth a look — 4 bed, 2 bath, 736m² fully fenced block, magnesium pool, 13kW solar, double garage. Offers over $1.2M. Call Tamara at Hazelden Realty on 0423 766 763.
Speak to your accountant before making any moves. This is general info only, not financial advice.
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*This post is general information only and is not financial, tax or legal advice. Speak to a qualified professional about your personal circumstances before making a property investment decision.*
