# Australian taxation policy reforms

> Live situation record from CLSTR: https://clstr.news/situations/australian-taxation-policy-reforms
> Updated: 2026-10-21T05:00:00.000Z. Sources: 4. Developments: 2.

Australia is undergoing several significant shifts in its taxation landscape. New reports indicate the potential for the government to collect an additional A$45 billion annually from the mining, oil, and gas sectors by implementing more progressive royalty structures for commodities such as iron ore, coal, and lithium.

In addition to resource taxation, the government is preparing reforms to capital gains tax and negative gearing scheduled for July 2027. These changes include replacing the current 50 percent discount with a system that adjusts for inflation and applies a minimum 30 percent rate. 

Furthermore, the Treasury has proposed new legislation to implement the OECD Crypto-Asset Reporting Framework (CARF). This draft legislation aims to align Australian law with international standards to facilitate the automatic exchange of digital currency tax information between jurisdictions and mitigate tax evasion risks.

## Timeline

### 2026-10-21: Australia proposes new crypto tax reporting rules

Australia is consulting on draft legislation to implement the OECD’s Crypto-Asset Reporting Framework, aiming for international tax data exchanges starting in 2028.

2 sources. https://clstr.news/cluster/australia-proposes-new-crypto-tax-reporting-rules

### 2026-10-20: Australia evaluates resource tax reforms and capital gains changes

Australia faces major tax shifts, including potential A$45 billion in new annual resource revenues and a 2027 overhaul of capital gains tax rules.

2 sources. https://clstr.news/cluster/australia-evaluates-resource-tax-reforms-and-capital-gains-changes

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Cite as: Australian taxation policy reforms. CLSTR, https://clstr.news/situations/australian-taxation-policy-reforms