National Law Review
5/12/2026

Australian Federal Budget 2026-2027 – Significant Tax Changes and Key Insights
Short summary
Australian Federal Budget 2026-2027 introduces 30% minimum tax on discretionary trusts (July 2028), abolishes 50% CGT discount for individuals in favor of indexation-based regime (July 2027), and removes negative gearing on residential properties. Changes increase tax complexity and burden on investors, with startups facing uncertainty pending consultation.
- •30% minimum tax on discretionary trusts from July 2028
- •50% CGT discount abolished; replaced with CPI-indexed cost base and 30% minimum tax from July 2027
- •Negative gearing on residential property investments removed from July 2027
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