FY27 Budget · The Rules Have Changed
New financial year. New rules. 364 days to act.
On 12 May, the rules changed. On 1 July, FY27 began. You have 364 days before the next change — 1 July 2027 — when negative gearing and capital gains tax rules shift. Here is what it means for your property.
Negative Gearing & CGT Rules Change In
Everything you need to understand and act
Two deadlines. Two decisions.
The 2026–27 Budget introduced hard cutoff dates that affect buyers, sellers, and investors differently. Here is what is actually in the legislation.
30 June 2026 — contract date
Queensland First Home Owner Grant — final months
The $30,000 grant for new homes under $750k (incl. land) applies only to contracts signed on or before 30 June 2026. After that date it reverts to $15,000 — a $15,000 difference for eligible first-home buyers. QLD Govt
1 July 2027
Negative gearing & CGT rules change for established property
Established residential property purchased after Budget night (12 May 2026) will no longer be able to use rental losses against wages from 1 July 2027 — losses carry forward instead. budget.gov.au
The 50% CGT discount is replaced by indexation plus a minimum 30% tax on gains from 1 July 2027 for assets held by individuals, trusts and partnerships. Perpetual
Properties held before Budget night (12 May 2026) are grandfathered — existing negative gearing rules unchanged. Baker McKenzie
Three calm moves from confusion to clarity
Learn what changed
Read our plain-English budget guide. Every claim cited to a primary source — budget.gov.au, QLD Govt, Pitcher Partners. No opinion, no spin.
Assess your position
Our 60-second tool estimates how the new rules affect your specific situation — whether you're buying, selling, holding, or investing.
Book a free session
Twenty minutes with Cameron Crouch. Plain English. Your actual numbers. No commitment, and your booking enters you in the weekly prize draw automatically.
Know where you stand
before the rules change.
Every homeowner across Brisbane's Western and Centenary suburbs deserves a clear-eyed view of what these budget changes actually mean for them. We offer 20 minutes of straight talk, no commitment, no jargon.