Following recent reforms to residential property negative gearing and capital gains tax rules, Federal Parliament has passed important legislative amendments to address two critical technical loopholes. The amendments resolve issues widely referred to as the…
Superannuation law requires all Self-Managed Super Fund (SMSF) trustees to formulate, regularly review, and give effect to an investment strategy tailored to the fund’s complete financial circumstances. While the law does not define a strict…
According to recent Australian Taxation Office (ATO) figures, more than $21 billion in lost and unclaimed superannuation is currently sitting idle across the country. With the average lost super account holding approximately $41,000, locating forgotten…
For decades, successful Australian families followed a familiar playbook: trade through a company or discretionary trust, distribute income across the family, park surplus profits in a bucket company, hold property for the long term and…
If you spend time outside Australia for business, family, or personal reasons, your travel history is coming under increased scrutiny from tax authorities. The Australian Taxation Office (ATO) has gazetted its latest passenger movements data-matching…
Meet Graduate Accountant, Thomas Sharkey. Joining us in December 2024 and hailing from south west Victoria, Thomas is coming up to two years with us in Ballarat. Where are you originally from? I’m originally from…
Effective 1 July 2026, the value of a Commonwealth penalty unit increased from $330 to $364. While an update to a statutory penalty unit value might sound like a routine administrative adjustment, its real-world impact…
For high-net-worth individuals and family groups using Self-Managed Super Funds (SMSFs), real estate often forms the cornerstone of their long-term wealth and retirement strategies. Whether holding commercial premises occupied by an operating business or a…
Discretionary trusts, commonly referred to as family trusts, have long served as a cornerstone of Australian financial planning. For decades, business owners, primary producers, and family groups have relied on their flexibility to hold assets,…
Meet Risk Insurance & Financial Planning Administrator Emma Sinclair. Joining the team at the end of 2024, with a strong background in HR and admin, Emma works dynamically across both our Financial Planning team and…
