So Australia is apparently lining up its biggest capital gains tax makeover since someone decided to invent a currency and then watched the value do the rollercoaster thing it does best. They want to yank the 50% discount for crypto investors who hold assets over 12 months. The 12-month VIP badge would be revoked, which is basically like telling the long-term hodlers, “Nice gains, now watch them disappear into taxes.” The plan, expected in the 2027 budget, would replace the current system with a full inflation-indexed tax on real gains-because nothing says “we care about fairness” like a tax that climbs as inflation climbs and as your portfolio sighs in existential dread. If implemented, effective tax rates on long-term crypto profits could jump from roughly 23.5% to nearly 47%. Translation: your moonshots might start feeling more like a tax audit wearing a hoodie. The change may reshape investor behavior, trigger earlier profit-taking, and impact Australia’s broader crypto and investment markets.
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2026-05-11 13:06