Labor Just Killed Negative Gearing, CGT AND SMSF Property — In One Week

Labor's property tax package is officially law. Negative gearing changes, capital gains tax reforms, and — thanks to a deal with the Greens — a full ban on new residential property purchases inside Self-Managed Super Funds. If you were planning to buy property through your SMSF, you have roughly 45 days from Royal Assent. That's it. In this episode we break down: • What actually passed, and what "grandfathered" really means for existing SMSF property owners • The 45-day window — who can still act, and the risk of rushing a bad purchase • Why the "only 4,000 SMSF properties bought last year" number doesn't pass the smell test • The knock-on effect: a two-tier property market where new-build buyers get the negative gearing benefit and second-hand buyers don't (the "Tesla effect") 📌 New episodes every week — markets, macro, and the stuff the mainstream won't say out loud. 🌐 More: https://andrewromano.com.au Disclaimer: General commentary and opinion only. Not financial, tax, legal or investment advice. Speak to a licensed professional before making decisions about your SMSF, property, or tax structure. Legislation referenced is based on discussion at time of recording — confirm current status of the bill and Royal Assent date before acting.