Australia’s Albanese government is considering changes to the country’s capital gains tax (CGT) rules that would affect crypto investors, according to reports cited by multiple outlets. The proposals, discussed as part of upcoming budget planning, would replace the existing 50% CGT discount available for assets held for more than 12 months. Instead, the government is reported to consider a system that taxes the “full real gains,” with the gain adjusted for inflation. Under the current approach referenced in the reporting, investors generally receive the 50% discount on capital gains for qualifying assets held longer than a year, which can reduce the taxable portion of the gain. The new approach would change how gains are measured and could alter the tax outcome for investors depending on how their investments perform and on the inflation adjustment mechanism. The reports indicate that the idea is being floated in the context of budget reforms rather than final enacted legislation. Further details on the design, implementation timing, and interaction with existing rules have not been provided in the cited summaries.