Individuals: simpler deductions and targeted cost-of-living relief
2026 Federal Budget Proposal What to know: $1,000 standard tax deduction: removes need to track minor work-related expenses. $250 annual tax offset: applies fr
Discretionary trusts: 30% minimum tax from 1 July 2028
2026 Federal Budget Proposal Why it matters: The measure is designed to improve fairness in the tax system and help fund new tax cuts for workers. It reduces the benef
Negative gearing: restricted for established residential property
2026 Federal Budget Proposal Why it matters: For many investors, cash-flow losses on newly purchased established properties will no longer reduce salary or other incom
Capital Gains Tax (CGT): Discount replaced with inflation indexation
2026 Federal Budget Proposal Why it matters: The reform reduces the ability to achieve very low effective tax rates on capital gains and introduces valuation and re
A Smarter Way to Respond to Super Volatility
When markets get bumpy or household budgets feel tighter, it’s common for people to start questioning their super. If your balance has dipped or returns haven’t met e
Are Offset Accounts Always the Best Option for Home Loans?
Mortgage offset accounts have steadily increased in popularity since they were first introduced in Australia in the late 1980s. A recent study by the University of Sydney
Your 10-Step Personal Financial Audit Checklist
The end of the year is an ideal time to pause and review your finances, but a personal financial audit can be useful at any stage. Just follow this 10-step checklist to g
How to Balance Your Superannuation Investment Settings
It can be tempting to treat superannuation as a ‘set and forget’ investment. In most years your annual statement will show what appears to be a satisfactory growth raNovember 2025 Accounting Newsletter
1. The Race That Stops the Nation… But Not FBT Obligations As Melbourne Cup celebrations come to an end, it’s worth remembering that staff lunches, drinks, and soc