18/05/2026
Two structural changes have come into effect that will reshape how Australians build and manage wealth through property.
Negative Gearing — restricted to new builds only. If you hold established investment properties, you can no longer offset rental losses against your wage income. This fundamentally changes the cash flow equation for hundreds of thousands of investors.
Capital Gains Tax — the 50% discount is gone. In its place, a minimum 30% tax on gains. Depending on your marginal rate and asset holding structure, this could significantly erode your returns on sale.
What this means in practice: → Your current portfolio structure may no longer be tax-efficient → Timing of asset sales needs to be reassessed → New build opportunities may now make more financial sense than before
These are not changes to sit on. The earlier you review your position, the more options you have.
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