09/04/2026
Big news brewing for property investors 👀
You may have heard the rumours — and they're worth paying attention to.
The Federal Government is widely expected to announce a cut to the CGT (Capital Gains Tax) discount in the May 12 Budget. Right now, if you sell an investment property you've held for more than 12 months, only half of your capital gain gets taxed. That's the 50% CGT discount, and it's been a cornerstone of property investing in Australia since 1999.
What's being discussed? Reducing that discount to somewhere between 25% and 33%. On a $500k capital gain, that could mean roughly an extra $40,000 in tax for a top-bracket investor. Not small change.
A few things worth knowing:
📌 Nothing is confirmed yet — this is still a proposal ahead of the May Budget
📌 Grandfathering looks likely, meaning properties you already own may still qualify for the 50% discount when you sell — only new purchases after the change would be affected
📌 The budget is May 12, so if this is relevant to you, now is the time to get your ducks in a row
This isn't a reason to panic — but it is a reason to get informed and chat with your accountant or financial adviser about how it could affect your situation.
As always, I'm here if you want to talk through what it means from a finance and lending perspective 🙂
