INVESTORS BUYING real estate after Ralph should generally structure their purchase through individuals (ie a human being and not a company or trust) or a superannuation fund!
The new lower capital gains tax rate applies to assets owned by individuals.
Accordingly, for example, when a business acquires real estate, it might be better for the individuals behind the business to own the real estate and rent it to the company conducting the business.
Superannuation funds also attract a low capital gains tax rate of 10 per cent, but (and it's a big but)