{
  "id": 9283511,
  "title": "Less tax for many investors after CGT, negative gearing changes, study finds",
  "url": "https://urgent.news/2026/09/23/less-tax-for-many-investors-after-cgt-negative-gearing-changes-study",
  "topic": "science",
  "section": "Science",
  "published": "2026-09-23T06:12:03.000Z",
  "source": {
    "name": "ABC News AU",
    "slug": "abc-news-au",
    "url": "https://www.abc.net.au/news/2026-09-23/cgt-negative-gearing-changes-housing-investor-tax-study/107184296"
  },
  "original_language": "en",
  "account": "A study by the e61 Institute suggests that many housing investors will see changes to the Capital Gains Tax (CGT) and negative gearing rules have little impact on their overall tax payments. The federal government's tax reforms are set to take effect on July 1, 2027. The research, which analyzed data from 920,000 housing investments between 2008 and 2025, found that about 53% of investors will pay more tax, while 43% will pay less. The CGT discount introduced by the Howard government in 1999 will be replaced with an inflation-based deduction, and a minimum tax rate of 30% will be applied to capital gains. However, negative gearing will only be available for new builds, with existing property owners still able to deduct losses. The researchers argue that these changes will lower rental income tax for 28% of investors, while 49% will pay more. The e61 Institute suggests that the new CGT system is fairer, as it ties the tax bill more closely to the actual size of an investor's gain.",
  "summary": "Following the government's budget changes, a narrow majority of housing investors will pay more tax and many others will pay less, researchers have found.",
  "key_points": [
    "53% of investors will pay more tax under new CGT and negative gearing rules.",
    "43% of investors will pay less tax after July 1, 2027 reforms.",
    "Negative gearing will only apply to new builds, not existing properties."
  ],
  "editors_take": "The changes to Capital Gains Tax and negative gearing rules will redistribute tax burdens among investors, with 43% paying less and 53% paying more, while also making the CGT system fairer.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}