Australia Plans Major Crypto Tax Shake-Up

Australia is reportedly preparing its biggest capital gains tax overhaul in decades, with plans to remove the 50% tax discount for crypto investors holding assets over 12 months. The proposal, expected in the 2027 budget, would replace the current system with a full inflation-indexed tax model on real gains. If implemented, effective tax rates on long-term crypto profits could jump from roughly 23.5% to nearly 47%. The change may reshape investor behavior, trigger earlier profit-taking, and impact Australia’s broader crypto and investment markets.