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Changes to the new financial year

Businesses and accounting firms are celebrating the end of one financial year and the beginning of a new one. A new start also brings about some changes which will affect homeowners, renters, electricity price hikes, aged care reform and more.  Family Payments Parental Leave Pay and Dad and Partner Pay have combined into one payment … Continued

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Changes to superannuation tax breaks for 2023

You have probably heard the recent Labour announcement earlier this week of significant changes to super that may impact you. On 28th February 2023, the government announced that from 1st July 2025 a 30% concessional tax rate will be applied to future earnings for superannuation balances above $3 million. As of yet, this cap has … Continued