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Calculators / Australia

The 2027 property tax changes.

Australia's capital gains and negative gearing reforms are law. They start on 1 July 2027, they treat new builds differently to established dwellings, and most of the commentary about them is wrong in one direction or the other. These two calculators work the numbers on your own figures — in your browser, with the formulas and sources shown.

What is actually changing

Two rules, one start date, one big carve-out.

Capital gains

From 1 July 2027 the 50% CGT discount is replaced by cost-base indexation for individuals, trusts and partnerships, with a 30% minimum rate of tax on the real gain accruing after that date. A property you already hold is treated as sold and reacquired at market value on 1 July 2027, so the gain up to then is deferred and keeps the discount.

Negative gearing

From the 2027-28 income year, a rental loss on an established residential dwelling acquired after 7:30 pm ACT legal time on 12 May 2026 is quarantined — carried forward against future residential rental income or eligible residential capital gains, rather than deducted against salary. It is not abolished, and earlier contracts are grandfathered.

The carve-out

Qualifying new residential dwellings sit outside both rules: they keep the 50% CGT discount, they are outside the 30% minimum tax, and they stay negatively gearable. The detailed definition is set by a ministerial legislative instrument that has not been made yet, so eligibility has to be confirmed rather than assumed.

Ground rules

How these are built.

Estimates, never advice

They report basic income tax only, and they show the difference between two methods rather than a tax bill. Anything outside the supported path stops the calculation instead of approximating it.

Nothing is transmitted

Every calculation runs in your browser. No amount you type is sent to us, stored or shared.

Everything is auditable

Each result exposes its variables, formulas, configuration version and sources, and can be copied out as plain text.

No invented data

Future CPI is not knowable, so the calculator will not fabricate it. You state an inflation assumption, or enter official index numbers, and the result shows which you used.

Read the full methodology and assumptions →