How Australia taxes capital gains through the ordinary income tax scale, the 50% CGT discount for individuals, the 12-month ownership requirement and the main residence exemption.
Primary source: Individual income tax rates (ATO).
This explainer sets out australia capital gains tax as published by the Australian Taxation Office, with the figures preserved under the tax year they apply to. It is written against the primary source rather than summarised from memory, and every material figure links back to the Australian Taxation Office publication that carries it.
The rules described here apply to Australia. Where a rate or threshold has changed, the effective date is stated so the earlier figure can be read alongside the rule that replaced it.