Techub News reports, according to the Australian Financial Review, the Albanese government plans to abolish the current 50% capital gains tax discount in July 2027, replacing it with an inflation index model to tax the real returns on investments such as cryptocurrency assets, which may increase the tax burden for long-term investors. Under the current system, holding assets for more than 12 months grants a 50% taxable income exemption. Under the new rules, investors must pay taxes on the full amount of real returns adjusted for inflation. Assets purchased before May 10, 2025, will enjoy a transitional arrangement proportionally, while assets purchased afterward will fully apply the new regulations after a one-year transition period.