Here's another way to think of the CGT and NG reforms

I am not "for" or "against" the reforms. There are pros and cons and I think both sides of the debate do not sufficiently acknowledge this.

The biggest drawback is that it discourages property and share investing. It operates, in effect, as a huge tax. It is a very blunt tool, but there is no denying it will dampen property prices. Perhaps it is the necessary sacrifice in order to make the Australian dream of home ownership a reality.

I am an experienced investor and personally I do not mind home prices becoming cheaper. I will still be investing, waiting for the moment prices reach a suitable "low point". I think this will be in the next 8-12 months. As talks of repealing the laws ramp up in mid-2027, I think prices will maybe start to increase again.