Techub News reports, according to the Australian Financial Review, that the Australian government plans to eliminate the 50% capital gains tax discount on holdings of cryptocurrencies and other assets in the fiscal year 2027 budget. The new policy will tax the full actual gains of assets adjusted for inflation, effective July 2027. Currently, investors holding assets for over 12 months can enjoy a 50% discount. According to analysts, the new effective tax rate could rise from approximately 23.5% to 46-47%, potentially prompting funds to shift from productive assets to tax-exempt primary residences.