It is almost certain that the Albanese government will make changes to the capital gains tax (CGT) discount in the upcoming May federal budget.
The fact that senior Labor MPs have not ruled out changes in recent interviews suggests that changes to the CGT discount are afoot, backed by a broad coalition of supporters.
The most likely reform option would reduce the CGT discount to 25% from 50%, phased in over five years without grandfathering existing investors.
