Federal Budget 2026–27

Negative Gearing & CGT

What happens to your client’s investment?

Line in the sand
12 May 2026
7:30pm AEST (Budget night)
New rules start
1 July 2027
Restrictions come into effect

Key reminder: Losses on established properties aren’t abolished – they’re quarantined. They carry forward and can offset future residential property income or capital gains. The tax benefit waits; it doesn’t vanish. Pre-1985 assets are now subject to CGT on gains accruing after 1 July 2027.

Source: eliteagent.com · Budget Paper No. 1, Statement 4 · 12 May 2026