Jun 3, 2026 – 5.00amForeign investors and superannuation funds will typically pay much lower capital gains tax on non-property assets in Australia than local individuals, as a result of the Albanese government’s budget changes which widen the tax gap between different investors.As Treasurer Jim Chalmers on Tuesday continued to defend the proposed changes to CGT, saying Labor was about “a fair go for first home buyers”, local investors said the government was offering a better deal to big super funds and investors living abroad compared with individuals at home.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles