How Will Changes in Capital Gains Tax Impact Property?

The proposed changes to Australia’s Capital Gains Tax (CGT) discount for property investors have been a prevalent discussion despite current global events; the federal government is looking to either reduce the discount or remove it altogether to reduce the appeal of property as an investment vehicle. Housing supply remains the driving factor of affordability across the country, and by reducing the appeal of property as an investment, theoretically, demand will ease. So, what does this mean? It greatly depends on your current position. Read the article to learn more about the proposed changes and what they could mean for you.

































