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Showing 31 - 40 of 276 results for "Capital gains tax"

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
A Senate inquiry into the operation of the capital gains tax discount concluded the concession does skew ownership away from owner-occupiers and impacts wealth and intergenerational inequality. The Select Committee on the Operation of the Capital Gains ...

Treasury opens Div 296 tax regulation consultation

KARREN VERGARA  |  WEDNESDAY, 18 MAR 2026
... Furthermore, it explains how the tax applies in a person's final year and sets the adjustment factors for capital gains tax for large super funds. The consultation closes on April 7. From July 1, a 30% tax rate will apply on earnings from superannuation ...

Division 296 legislation passes, LISTO to increase

MATTHEW WAI  |  WEDNESDAY, 11 MAR 2026
... changes to superannuation under this government. Mind you, they also said there were going to be no changes to capital gains tax. They said there were going to be no changes to negative gearing. They said there were going to be no changes to family trust ...

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 ...

Chartered accountants should be allowed to provide advice: CA ANZ

MATTHEW WAI  |  MONDAY, 2 FEB 2026
... ongoing data modelling by super funds and impacted individuals, as well as some design features of the proposed capital gains tax relief. The body is also worried about the potential for double taxing dividends and distributions with franking credits ...

Australian United Investment merges with Diversified United Investment

ELIZA BAVIN  |  FRIDAY, 30 JAN 2026
... shareholders would receive approximately 0.4815 AUI shares for each DUI share. It is expected that there will be capital gains tax rollover relief for eligible DUI shareholders. "The merger of the two companies is a natural combination, as AUI and DUI ...

Improvised super tax poses unfair, inequitable outcomes: Industry

MATTHEW WAI  |  TUESDAY, 20 JAN 2026
... The 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 ...

Oxfam calls for net wealth tax

ELIZA BAVIN  |  MONDAY, 19 JAN 2026
... increase the humanitarian budget almost seven times over. The anti-poverty organisation also called for ending the capital gains tax discount for individuals and trusts and instead taxing the income from capital gains on investments like we income from ...