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26
May 2026

The Australian Federal Budget 2026–27

Cost-of-living relief, a permanent $20,000 instant asset write-off, and major reforms to negative gearing, CGT, discretionary trusts and FBT.

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NG
May 2026

Reforming Negative Gearing for Residential Property

From 1 July 2027, losses on established residential property are quarantined. See exactly who's affected and how the transitional rules work.

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CGT
May 2026

Reforms on the CGT Regime

The 50% CGT discount is replaced by cost-base indexation plus a 30% minimum tax from 1 July 2027 — a full breakdown by asset type.

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