Federal Budget 2026-27 Update 1. Fundamental reforms to the CGT regime 1.1 Replacing the 50% CGT discount with indexation From 1 July 2027, the 50% CGT discount will be replaced by cost base indexation for assets held for more than 12 months, with a 30% minimum tax on net capital gains. These changes will apply to all assets, including pre-CGT assets, held by individuals, trusts and partnerships. Transitional arrangements will limit the impact on existing investments by ensur

As we close out April, this edition balances global market strategy with critical EOFY preparations. We analyse why record-high equity valuations remain sensitive to oil-led inflation, while shifting focus to proactive tax planning and the $20,000 instant asset write-off. We also cover essential compliance updates, including optimising your myGov notifications and preparing payroll systems for the 1 July start of Payday Super. With the window for error narrowing, early engage