About 100,000 Australians live and work overseas, and one of the measures to increase housing affordability announced in the 2017 budget: If overseas Australians sell Australian properties, they will no longer have a capital gains tax (CGT) exemption for their primary residence. The plan is expected to increase the forward budget of approximately 581 million, but has been continuously opposed by overseas Australian groups. The Senate has not yet considered the legislation. Australian expatriates living and working overseas need to take significant financial steps to sell Australian homes within six months to ensure that the contract is signed before June 30, 2019. This Thursday is the last day of the 2018 Congress, and the bill is still not on the agenda of the debate. Before the federal election in May next year, the government only arranged 10 congressional meetings, including the announcement of the new budget on April 2.
resource from :https://www.afr.com/news/politics/capital-gains-tax-changes-for-expat-australians-overseas-delayed-to-2019-20181203-h18n23