Budget update: The Albanese government's 2026-27 Budget removes negative gearing on established properties from 1 July 2027. Find out what this means for you — free, in under 3 minutes.

Changes take effect July 2027

Find out exactly how the
negative gearing changes
affect your property

Three free tools that tell you where you stand, how much it costs you, and whether you should sell, hold, or switch to a new build.

Start free — Am I affected? → Takes 60 seconds · No account required
60s
To find out if you're affected
3
Free tools, end to end
July '27
When the changes kick in

Three tools. Three minutes.
A clear answer.

Each tool builds on the last — your details carry across automatically so you never have to re-enter anything.

1
🎯
Am I Affected?
Answer 5 quick questions about your property and income. Get a personalised result — significantly affected, partially affected, or exempt — with a plain English explanation of why.
Take the quiz →
⏱ 60 seconds
2
🧮
What Does It Cost Me?
Enter your property numbers and see a side-by-side comparison of your tax position now vs after July 2027 — in actual dollars, based on your income and ownership share.
Open the calculator →
⏱ 2 minutes
3
⚖️
Should I Sell or Hold?
Model all three paths — sell before July 2027, hold and absorb the change, or sell and reinvest in a new build. See your projected 5-year financial position for each, with a clear recommendation.
Run the scenarios →
⏱ 3 minutes

What the 2026 budget
actually changes

The reforms target established investment properties. New builds are exempt — the government wants to keep incentives for new housing supply.

Before July 2027

Negative gearing applies to all investment properties

If your rental property costs more than it earns — in mortgage interest, rates, insurance, and maintenance — you can claim the loss against your personal income, reducing your tax bill. This applies to all established and new build properties.

From July 2027

Negative gearing only for newly built properties

Negative gearing will only be available on newly constructed properties. Established properties purchased before 12 May 2026 are grandfathered — but the deduction disappears from July 2027 regardless. New builds are fully protected.

CGT — Before July 2027

50% capital gains tax discount for properties held over 12 months

If you sell an investment property you've held for more than a year, only half the capital gain is included in your taxable income. This significantly reduces the tax hit on profitable sales.

CGT — From July 2027

50% discount replaced with inflation-linked discount

The flat 50% discount is replaced with an inflation-adjusted discount. For properties with strong growth, this likely means paying more CGT on sale. The exact impact depends on how long you've held the property and how much it's grown.

Built for Australian property investors

🏠
Existing landlords
You own an established investment property and want to know how much you stand to lose — and whether selling before July 2027 makes financial sense.
👫
Joint property owners
You and your partner own a property together and need to understand how the changes affect each of your individual tax positions based on your income split.
📈
Prospective investors
You're thinking about buying an investment property and want to understand the new rules before you commit — including which types of properties still qualify.

What people are asking

Not entirely. Properties bought before 12 May 2026 are grandfathered from the new rules — meaning you won't suddenly lose your negative gearing entitlement overnight. However the deduction still disappears from July 2027 for established properties, regardless of when you bought. So you have time to plan, but not forever.

Yes. The government is keeping negative gearing in place for newly constructed homes to encourage housing supply. If your property is a brand new build — a newly constructed house or apartment — the changes don't affect your negative gearing deduction. The CGT changes may still apply if you sell.

Joint ownership means the rental income, expenses, and losses are split based on your ownership percentage. Each partner claims their share against their own individual income at their own marginal tax rate. Our tools let you set your ownership share so the calculations reflect your actual position.

No. GearingGuide is a free educational tool designed to help you understand your position and ask the right questions. The results are estimates based on general tax rates and assumptions — your actual situation may differ. We always recommend speaking with a qualified property accountant or financial advisor before making any decisions.

The property numbers you enter into the calculator and Sell or Hold tool are processed entirely in your browser — they are never stored or sent anywhere. The only information we collect is your name, email, and phone number when you choose to unlock your results or request a specialist. We never sell your data to third parties.

Don't wait until July 2027
to figure out your position

The window to act under the current rules is closing. It takes 60 seconds to find out where you stand — and it's completely free.

Find out if I'm affected →

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