14/05/2026
Big tax changes are coming for Australian expats.
And yes, we realise that sentence has all the sparkle of a wet tax invoice.
But this one matters.
The 2026 Federal Budget includes proposed changes that could affect Australian expats with property, investments, trusts, temporary residency issues, or plans to return home.
In plain English, the key things to watch are:
From 1 July 2027, the 50% CGT discount is proposed to be replaced with an inflation-based discount and a 30% minimum tax on capital gains.
Negative gearing is proposed to be restricted to new build residential properties from 1 July 2027.
Discretionary trusts are expected to face a 30% minimum tax from 1 July 2028.
Temporary residents, returning expats and foreign residents may all be affected differently, because Australia’s tax rules enjoy making simple life decisions feel like a board game designed by lawyers.
The big message?
Do not wait until you are halfway through selling a property, returning to Australia, restructuring a trust, or packing the dog into quarantine before asking, “Hang on, is there a tax issue here?”
There probably is.
We’ve written a practical guide for Australian expats that explains what is changing, what is not changing, and where the traps may sit.
No fluff. No panic. Just the stuff expats need to know before the rules change.
Read the full guide here:
Right. If you’re an Aussie expat with a rental property back home, shares, crypto, or any other asset you bought hoping it would one day be worth more than you paid for it, last night’s…