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Treasury Laws Amendment (Tax Reform No. 1) Act 2026
No. 49, 2026
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Department of the Treasury
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C2026A00049
26 June 2026
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1 Short title
2 Commencement
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3 Schedules
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Schedule 1—CGT adjustments
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Part 1—Main amendments
Income Tax Assessment Act 1997
Taxation Administration Act 1953
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Part 2—Minimum rate of tax on capital gains
Income Tax Assessment Act 1997
Income Tax (Transitional Provisions) Act 1997
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Part 3—Other amendments
Income Tax Assessment Act 1936
Income Tax Assessment Act 1997
Taxation Administration Act 1953
Part 4—Application of amendments
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Schedule 2—Limit negative gearing for residential property to new builds
Income Tax Assessment Act 1997
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Schedule 3—Working Australians tax offset
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Part 1—Amendments
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Division 1—Main amendments
Income Tax Assessment Act 1997
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Division 2—Consequential amendments
Income Tax Assessment Act 1997
Part 2—Application
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Schedule 4—Standard deduction for work-related expenses
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Part 1—Amendment of the Income Tax Assessment Act 1997
Income Tax Assessment Act 1997
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Part 2—Amendment of the Fringe Benefits Tax Assessment Act 1986
Fringe Benefits Tax Assessment Act 1986
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Schedule 5—Limited recourse borrowing arrangements
Superannuation Industry (Supervision) Act 1993