Foreign Residency and the New CGT Rules: Untangling the Latest Reporting

New reporting suggests expats who broke Australian tax residency while owning an investment property may not lose the CGT discount entirely from 1 July 2027, as earlier coverage implied - they may instead fall back to a proportional version of the existing discount. CORALA summarises what's being reported, and why some of the early media coverage may have overstated the impact.