Aug 20, 2026 – 11.37amTreasurer Jim Chalmers has offered fresh concessions to foreign investors in Australia’s energy transition after green groups warned the government’s proposed capital gains tax rules would stifle investment and stall the renewables rollout.Chalmers has been seeking to expand a 30 per cent capital gains tax on foreign investors to include renewable energy assets since 2024, and had previously offered clean energy companies a lower 15 per cent rate for a four-year transitional period out to 2030.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Policy backdown: Chalmers retreats on foreign renewables tax
Foreign investors in renewables will get preferential tax treatment until 2040 after the government struck a deal with the Greens on the new rules.






