The overlooked property tax break the Federal Budget didn't touch
One of Australia’s most valuable homeowner tax strategies — the six-year CGT rule — remains intact in the wake of major government policy announcements, offering flexibility for relocations, renting and long-term property planning.
The six‑year CGT rule benefits ordinary homeowners who may move back into their original property later. (Image source: Elias Bitar/Shutterstock.com)
With so much attention on tax reform, housing affordability and investor‑related changes in the Federal Budget, it’s easy for homeowners to feel overwhelmed by the headlines.
There has been plenty of commentary about tightening investor concessions, scrapping negative gearing and adjusting and changing the capital gains tax (CGT) rule.
But in the middle of all the noise, one of the most valuable tax strategies available to everyday Australians …
