Update: Australian tax law has changed (last reviewed 5 September 2026)
The Treasury Laws Amendment (Tax Reform No. 1) Act 2026, passed 26 June 2026, changes how negative gearing and capital gains tax apply to Australian residential property from 1 July 2027. In summary: negative gearing will be limited to newly built properties (properties held at 7:30pm AEST 12 May 2026 are grandfathered), and the 50% CGT discount is replaced by cost base indexation with a 30% minimum tax rate on capital gains.
Parts of this article may not yet reflect those changes. Please confirm the current rules on the ATO website and speak to a registered tax agent before acting. This site provides general information only.
The yield versus growth debate is largely a false binary. The real question is which is better for you given your income, tax position, timeline, and portfolio goals.
One Property at a time
Brick by Brick 🧱
General Advice Warning: This article is general in nature and does not constitute personal financial advice. Please consult a licensed financial adviser before making investment decisions.
