The Australian government is set to propose changes to the capital gains tax system, impacting long-term crypto investors. The current 50% tax discount for assets held over 12 months is expected to be replaced by an inflation-indexed model. This adjustment, part of the Albanese government’s 2027 fiscal budget, aims to tax the full amount of real gains after inflation adjustments. The new rule, if implemented, will take effect at the end of the 2027 fiscal year, with a transition period for assets acquired after May 10, 2026.