Our Insights

The federal government's proposed capital gains tax reforms, set to take effect on 1 July 2027, will reshape the investment landscape for millions of Australians. While much of the public debate has focused on property, the changes reach far beyond real estate, affecting shares, managed funds, and business interests held by individuals, trusts, and partnerships. At the heart of the reform is a structural shift away from the existing 50% CGT discount toward inflation-adjusted indexation, accompanied by a new 30% minimum tax on real gains that will catch even low-income investors who have historically paid less. For investors, the message is clear: the passive, set-and-forget approach that served previous generations well is no longer fit for purpose