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Showing 1 - 3 of 3 results for "CGT"

Foreign resident CGT discount on renewable assets takes shape

KARREN VERGARA  |  MONDAY, 13 APR 2026  |  NEWS
As part of the energy transition, Treasury is proposing a 50% capital gains tax (CGT) discount for foreign residents disposing renewable assets. The CGT discount is designed to operate for a transitional period to assist foreign investors in renewable ...

How Australia can benefit from the common ground taxonomy

MATTHEW WAI  |  MONDAY, 20 OCT 2025  |  NEWS
... (CASI) chair Ma Jun said there is a massive opportunity for Australia to capitalise by joining the common ground taxonomy (CGT) initiative. The CGT is the brainchild of Ma, aiming to establish the definition of 'green' across various jurisdictions. "... ...

Axing CGT breaks could boost budget by $22.7bn: Oxfam Report

ANGELIQUE MINAS  |  MONDAY, 13 OCT 2025  |  NEWS
A new report by anti-poverty organisation Oxfam Australia (Oxfam) revealed nearly 50% of the capital gains tax discount went to 24,000 people who earned over $1 million in 2022-2023. Findings indicate that on average, each of these individuals received ...
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