Australia: 15% rate, capital gains reform from 2027, FIRB fees and RBA rate 4.85%
From July 1, 2026 the lowest resident rate is 15% (previously 16%). Capital gains reform Act No. 49 of 2026 takes effect on July 1, 2027: the 50% discount is replaced by indexation, with a 30% minimum tax on gains; foreign and temporary residents get no indexation; losses on housing bought after May 12, 2026 cannot be offset against other income. FIRB fees for the 2026/27 financial year: new dwelling from AUD 1 to 2 million, AUD 31,300; established dwelling, AUD 93,900. On November 3, 2026 the Reserve Bank raised the cash rate from 4.60 to 4.85%.
What this changes in the calculation
For a foreigner, gains after July 1, 2027 are calculated without indexation, and the FIRB fee is added to the purchase.
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