Beyond property: What the CGT tax changes mean for investors
The proposed tax changes are not just a property story. Changes to capital gains tax, negative gearing and discretionary trusts could also reshape how Australians think about shares, ETFs and long-term portfolio structure.
Here’s what could change, what it may mean for your portfolio and what to watch from here.
Beyond property: What the CGT tax changes mean for investors
The proposed tax changes are not just a property story. Changes to capital gains tax, negative gearing and discretionary trusts could also reshape how Australians think about shares, ETFs and long-term portfolio structure.
Here’s what could change, what it may mean for your portfolio and what to watch from here.
What are the proposed changes?
A quick guide to the key tax measures investors should understand.
Important note: These are announcements, not yet law. Legislation still needs Parliament, and some details remain subject to consultation.
From 1 July 2027, the 50% CGT discount would be replaced by cost-base indexation and a minimum 30% tax, with existing treatment preserved for earlier gains.
For established residential properties bought after 12 May 2026, rental losses would be quarantined and only deductible against other residential property income.
From 1 July 2028, discretionary trusts would be subject to a minimum 30% tax rate on taxable income at the trustee level.
Long term principles still apply
Time in the market, compounding, diversification and low costs remain the foundations of building wealth. What may change is how much the structure of your investments – super, ETFs, trusts – matters to your after-tax outcome.
Read our latest insights to understand what the changes may mean for you.
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Betashares is not a tax adviser. This information should not be construed or relied on as tax advice and investors should obtain professional, independent tax advice before making an investment decision.
The Australian Government has announced proposed changes to the operation of the capital gains tax (CGT) regime. These proposals are not yet enacted and may change. If implemented, they may affect the taxation outcomes for investors, including in respect of capital gains arising on the disposal of assets and any capital gains attributed to investors by the Fund. The proposed changes may alter the current treatment of capital gains (for example, by modifying the CGT discount or introducing alternative methods for calculating capital gains).
The potential impact of these proposals will depend on the final form of the law and the circumstances of each investor. Investors should obtain professional independent tax advice in relation to these proposals and their potential application.
There are risks associated with an investment in the Funds. An investment in the Funds should only be considered as a part of a broader portfolio, taking into account your particular circumstances, including your tolerance for risk. For more information on risks and other features of the Funds, please see the Product Disclosure Statement and Target Market Determination, both available on www.betashares.com.au.