Here's the Property Trap Investors Are Walking Into

The May 2026 Budget introduced the most significant changes to Australian property tax policy in nearly three decades. From 1 July 2027, negative gearing on established residential properties purchased after 7:30pm on 12 May 2026 will be limited. Losses from those investments will only be able to be offset against rental income or future capital gains — not against personal salary, as has been the case for the last 40 years.