FY27 Australian Federal Budget Summary
by Hardwickes
The FY27 Australian Federal Budget, handed down by Treasurer Jim Chalmers, represents a major structural shift in Australia’s tax and housing landscape while managing a projected budget deficit of $31.5 billion amid a global oil supply shock and high inflation. 🏡 Property & Investment Overhaul (From 1 July 2027) Capital Gains Tax (CGT) Discount Replaced: The 50% CGT discount is scrapped for assets held over 12 months. New CGT System:…
