From 1 July 2027, the 50% CGT discount disappears and Australia’s effective capital gains tax for high-income earners climbs to 47% on the indexed gain. Singapore charges 0%. Hong Kong charges 0%. Dubai charges 0%. New Zealand charges 0%. The cheapest comparable destination takes less than half what Australia will. So how does Australia actually stack up against the 13 destinations Australians realistically consider? This article does the comparison honestly. Country by country. Without the hedging. Including what the change does to founder exits, share portfolios, and the question of whether to stay or go



