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2025-262026-27🏠 Property
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Property Tax Reform Calculator

Tonight's Federal Budget is the biggest shake-up to property investment tax in 27 years. Use these calculators to see exactly how the changes affect your portfolio.

⏳ Estimates — confirming as the Treasurer speaks
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CGT Reform
Current
50% discount
Proposed
CPI indexation or 25% flat
Anyone selling an investment property
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Negative Gearing
Current
Offset any income
Proposed
New purchases ring-fenced
Buying established properties
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Trust Distributions
Current
Any beneficiary rate
Proposed
30% minimum for adults
Family trusts with low-income beneficiaries
Key dates
13 May 2026
Budget night — changes announced
1 Jul 2026
CGT reform expected to take effect
1 Jul 2026
Trust minimum tax expected to commence
TBC
Negative gearing legislation passed
Are you affected?
You own an investment property bought before tonight
Grandfathered for negative gearing. CGT reform applies when you sell.
⚠️
You are planning to buy an established investment property
Negative gearing deductions will not be available against salary income.
You plan to buy a newly built investment property
New construction expected to be exempt from negative gearing changes.
⚠️
You use a family trust to distribute property income
30% minimum tax on adult beneficiaries — may need restructuring.
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You plan to sell an investment property
CGT reform changes the tax on your gain. Use the CGT calculator above.
All figures are estimates based on pre-budget announcements and proposals. The specific tax rules will depend on legislation enacted by Parliament. This tool is for educational purposes only and does not constitute financial or tax advice.