New Builds Are the Last Property Left Standing Under the New Negative Gearing Rules
From 1 July 2027, investors who buy an established residential property after 7:30pm on 12 May 2026 can no longer offset rental losses against salary or wages. Eligible new builds are exempt, keeping both negative gearing and a choice of capital gains tax method on sale. Anyone who owned a property, or was under contract, on Budget night is grandfathered.
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