Australia Set to Enforce Crypto Reporting Obligations in 2027
Key Summary
Australia is introducing a new reporting regime for crypto transactions, requiring platforms to report data to the tax office starting from July 2027. This move aims to increase tax revenue and provide a clearer view of transactions by Australian residents. The reporting rules are part of a broader regulatory buildout, including anti-money laundering and counter-terrorism financing obligations, and licensing requirements.
What the new reporting rules require
The government first laid out the plan on December 17, 2025. It appeared in the 2025-26 Mid-Year Economic and Fiscal Outlook, the budget update Canberra publishes each year, usually shortened to MYEFO.The package has two parts that do different jobs. Think of CARF as an international pen-pal system for tax authorities. Each country collects data on crypto held by foreign tax residents and swaps it with their home governments.
The domestic regime looks inward instead. Its goal is to give the ATO a clearer view of transactions by Australian residents, filling the space CARF leaves behind by design.
What this means for traders and platforms
For individual investors, the practical shift is visibility. Gains and income from crypto were already taxable in Australia. The difference is that the ATO will increasingly receive the data without having to ask for it.That reduces the room for accidental or deliberate underreporting. The AUD 170 million revenue estimate suggests the government believes a meaningful amount of crypto tax has gone uncollected so far.
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