The Australian Parliament has just passed what is being called the most significant structural overhaul of the nation’s tax system in nearly three decades.
Federal Budget 2026-27
On 12 May 2026, Treasurer Jim Chalmers handed down the 2026-27 Federal Budget. Described as the most “ambitious Budget in decades,” it introduces significant structural reforms to Capital Gains Tax (CGT), negative gearing, and the taxation of trusts.
Federal Budget Summary 2024-25
Summary: On Tuesday evening, the treasurer Jim Chalmers handed down his third Labor budget. A Budget surplus of $9.3 billion is forecasted for 2023-24 which will be short-lived with an underlying cash deficit of $28.3 billion is expected in 2024-25 (and a $42.8 billion deficit for 2025-26). The Budget noted a weak and uncertain global […]
SMSF Related Update
For many people one of the key reasons for having a SMSF is to invest in residential or commercial real
property. Continued development of property inside the SMSF is often on the mind of many SMSF trustees.
FEDRAL BUDGET 2023-24
In his second budget since winning power in May last year, Treasurer Jim Chalmers boasted the first budget surplus in 15 years as strong jobs growth and high mining revenue swelled its coffers.
Super strategies – Topping up super & ‘catch-up’ contributions
If you have not fully used your concessional cap in a prior financial year, you may be eligible to use these unused carried forward amounts in a later year.
FEDERAL BUDGET REPORT 2022
Treasurer Josh Frydenberg delivered the Government’s annual Federal Budget address, announcing a broad range of measures aimed at addressing the cost of living and accelerating our economic recovery out of the pandemic slump.
DIRECTOR IDENTIFICATION NUMBER – Manage your director ID
Once you have your director ID, there are important steps you can take to help you use, view and update your details from November 2021.
DIRECTOR IDENTIFICATION NUMBER – How to apply for your director ID
You can apply for your director ID from November 2021. Get ready to apply by setting up your myGovID if you don’t already have one.
DIRECTOR IDENTIFICATION NUMBER – Who needs to apply and when
If you want to become a director are or already one, you’ll need a director ID. You can apply for a director ID from November 2021.