Property Tax Reform – CGT, Duties, Land Tax and State Taxes

Australian property taxation is undergoing significant change at both the federal and state level. Proposed reforms to capital gains tax and negative gearing, combined with expanding state-based taxes and increased enforcement activity, are reshaping the risk landscape for property owners, developers and investors.

This session provides a practical, integrated update on key developments and their interaction, with a focus on identifying affected clients, managing transition risks, and advising on structuring and compliance ahead of 1 July 2027 and beyond.

 This seminar will discuss: 

Federal tax reforms

• The removal of the 50% CGT discount and introduction of cost base indexation.
• The proposed 30% minimum tax on capital gains.
• “Deemed disposal” rules and market valuation requirements.
• Negative gearing reforms and the limitation to new residential dwellings.
• Proposed trust tax changes, including the 30% minimum tax and implications for discretionary trusts and corporate beneficiaries.

State tax developments (Vic)

• Landholder duty updates and transaction structuring risks.
• Vacant Residential Land Tax changes and expanded application.
• Underdeveloped residential land tax developments.
• Absentee owner surcharge updates.
• Short stay levy and its impact on property use and investment decisions.
• Land tax treatment of charities and the “use” requirement.
• SRO decisions & case update.