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Showing 21 - 30 of 141 results for "CGT"

Investors the biggest losers in 2026 Budget

KARREN VERGARA  |  WEDNESDAY, 13 MAY 2026
... cost-of-living relief, tax reforms and productivity improvement. The highly anticipated overhauls to the capital gains tax (CGT) discount and negative gearing, which aim to "level the playing field for first home buyers," captured much of wealth managers' ...

Chalmers overhauls negative gearing, CGT discount

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
Treasurer Jim Chalmers has affirmed the highly anticipated overhauls to the capital gains tax (CGT) discount and negative gearing in a bid to "level the playing field for first home buyers." The 50% CGT discount will be replaced with inflation-adjusted ...

Calls for CGT, negative gearing reforms 'unanimous': Mulino

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
Assistant treasurer and minister for financial services Daniel Mulino said changes to capital gains tax (CGT) and negative gearing - which are expected to be outlined in tonight's Federal Budget' - came about after "unanimous calls" for reform ...

Budget to overhaul negative gearing, CGT discount, family trusts

ELIZA BAVIN  |  TUESDAY, 5 MAY 2026
Reports suggest the government is planning to curb negative gearing, overhaul the capital gains tax discount and impose new tax rules on family trusts when Treasurer Jim Chalmers hands down the Federal Budget next week. While nothing has been confirmed ...

Treasury to abolish CGT discount: Reports

KARREN VERGARA  |  TUESDAY, 28 APR 2026
The government is set to ditch the 50% capital gains tax (CGT) discount and revert to the pre-1999 system where the cost base of an asset is adjusted for inflation, according to reports. Major news outlets report that Treasury will announce the change ...

Foreign resident CGT rules up for consultation

KARREN VERGARA  |  MONDAY, 13 APR 2026
Treasury is tightening the rules around capital gains tax (CGT) to ensure foreign residents pay their fair share of tax in Australia. The draft law broadens and clarifies the definition of Taxable Australian Real Property (TARP) and introduces a definition ...

Senate report provides fuel for CGT discount tweak

JAMIE WILLIAMSON  |  THURSDAY, 19 MAR 2026
... Labor party took to the 2019 election. Independent MP Allegra Spender released a whitepaper this month which called for the CGT discount to be reduced to 30%, estimating that it - coupled with other tax reforms - could generate $29 billion in income ...

Tax reform uncertainty to exacerbate property sell-offs: Survey

MATTHEW WAI  |  FRIDAY, 6 FEB 2026
More investors are looking to dump property holdings if the government continues to tamper with the capital gains tax (CGT), including the phasing out of negative gearing, an industry body says. According to Property Investment Professionals of Australia ...

Improvised super tax poses unfair, inequitable outcomes: Industry

MATTHEW WAI  |  TUESDAY, 20 JAN 2026
... submission calls for targeted amendments to minimise adverse outcomes and proposes a simplification of the capital gains tax (CGT) adjustment provisions to reduce unnecessary complexity. While enabling capital gains accrued before 1 July 2026 to be excluded ...

TelstraSuper members caught off guard by Direct Access closure

JAMIE WILLIAMSON  |  TUESDAY, 25 NOV 2025
... reimbursing all brokerage fees as part of that process. It will also reimburse members who incur additional Capital Gains Tax (CGT) where assets have been held for less than 12 months within Direct Access. All sales or terminations of investments must ...