In its May budget, the Australian government scrapped the 50% capital gains tax discount, and the change covers all investments. Crypto owners did not expect it. The higher tax bill begins in 2027.
Cointelegraph's Magazine published the piece on Nov 4, 2026. It was written by staff editor Andrew Fenton and edited by staff editor Felix Ng. It is labelled Part 1 and goes through ways Australian Bitcoin holders could respond to the hike.
The options it names are setting up a self-managed super fund (SMSF), holding assets through a company, or leaving Australia. The text available here does not explain how each option works, what it costs, or who it suits. Those details may come later in the series.
Some things are still unclear from this material: the exact date in 2027 when the change applies, whether assets bought before the change are treated differently, and how many crypto holders it affects.
For anyone already holding a perpetual position on Bitget, Bybit, MEXC or OKX, this story changes nothing directly. It is about Australian capital gains tax. It does not mention funding rates, trading fees or liquidity on any exchange, and it does not say how perpetual futures profits are taxed. Australian traders who want to know how the change affects their derivatives would need a source this article does not give.
Source: cointelegraph — How Aussie Bitcoiners can avoid 2027’s shock CGT hike
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