Tax
Older Aussies back increased superannuation tax
9 July
Most older Australians support increasing taxes on high superannuation balances. The federal government is controversially hoping to lift taxes on super balances above $3 million from 15 per cent to 30 per cent in a move predicted to impact about...[Read More]
PM puts lid on GST hikes, pledges boost for business
9 July
The prime minister has trimmed expectations Australiaās goods and services tax could be raised as part of a suite of changes that includes lower income taxes. While he did not want to rule any policy changes in or out of the governmentās...[Read More]
Australians warned to not jump the gun on tax return
2 July
Australians are being warned to exercise patience when lodging their tax returns and be wary of tax-time loans this end of financial year. Some 142,000 people had amendments or their returns investigated by the tax office in 2024 after jumping the...[Read More]
Nest eggs on the boil as super guarantee cracks open
2 July
Workers will receive a boost to retirement contributions as a long-awaited lift to the superannuation guarantee kicks in, but further increases are unlikely any time soon. The rate of super employers are required to pay employees increased from 11.5...[Read More]
War of words over GST carve-up as states butt heads
2 July
A war of words has erupted over the carve-up of GST as one state condemns accusations it was awarded more to reimburse failed COVID-19 policies. Queensland Treasurer David Janetzki accused his southern counterparts of receiving $800 million out of...[Read More]
Starting the new financial year with intent: Tips for individuals and families
26 June
A new financial year presents the perfect opportunity to take stock, reset, and plan with purpose. Much like a new calendar year inspires resolutions, July 1 offers a financial āfresh startā to review your goals, refine your spending, and make...[Read More]
Top 5 tried-and-tested tax planning strategies for small businesses
19 June
Every dollar counts in business, especially for small enterprises. Therefore, you need to find ways to minimise your tax liability in addition to optimising income or profit. With a small business tax planning strategy, you can increase profits...[Read More]
Tips for small business success, starting the new financial year with intent
26 June
The beginning of a new financial year is the perfect opportunity for small business owners to reset, refocus, and plan for sustainable growth.Ā Itās a time to take stock of your performance, identify opportunities for improvement, and ensure your...[Read More]
Treasurer throws down gauntlet for ācrucialā tax reform
18 June
The groundwork has been laid for Australiaās most substantive attempt at tax reform in more than two decades as the treasurer promises to āgrasp the nettleā on the thorny issue. Outlining his governmentās economic agenda for its second term...[Read More]
Hitting the brakes on EV, hybrid help could slow cuts
18 June
Australia risks stalling efforts to cut transport emissions if it does not reintroduce tax breaks and incentives for the purchase of electric and hybrid vehicles. The Australian Finance Industry Association issued the warning on Monday with its EV...[Read More]
Tax Matters Autumn 2025 Edition
13 June
To view our Tax Matters Autumn 2025 Edition Newsletter please click the link below. Tax Matters Autumn 2025 Edition
End of Financial Year: a time for reflection and new opportunity
12 June
Why the EOFY Marks More Than Just a Date on the Calendar As June 30 rolls around each year in Australia, it brings with it a moment of pause ā a clear marker that one financial chapter is closing and another is about to begin.Ā While for some, it...[Read More]
Liberals concede tax cut stance a āstrategic mistakeā
11 June
The coalitionās new finance spokesman has conceded campaigning against tax cuts was a significant error, promising to push for lower rates in the next term of parliament. James Paterson said the coalitionās position against Laborās two-part...[Read More]
Greens strike conciliatory tone on super tax changes
11 June
The Greens are āabsolutely readyā to work with Labor to make proposed changes to superannuation, acknowledging the mandate voters gave the Albanese government at the election. Labor is looking to double the tax rate of super balances above $3...[Read More]
EOFY super and tax strategies: is it too late? What you can still do ā and how to get ahead for next year
5 June
As June 30 approaches, many Australians wonder: Have I left it too late to make a difference to my super and tax position this financial year? The good news is, itās not too late. With some focused action in the final month and a proactive start...[Read More]