News & Resources

The past few months have brought some important developments that could have real consequences for business owners, trustees, and investors. From a recent Tribunal case that highlights why timing and evidence are crucial when it comes to trust distributions (and more broadly), to the practical impact of new rules which make ATO interest charges non-deductible, there’s a lot to unpack.
 
We also explore the Federal Government’s review of supermarket unit pricing — a move that could reshape the way suppliers and retailers approach packaging, pricing, and compliance. And finally, we cover the ATO’s latest warnings on accessing your super early, a reminder that shortcuts today can create long-term financial pain tomorrow.

There’s been a bit to report on since our August publication. Standouts include the RBA’s interest rate cuts, the release of the Productivity Commission’s interim report on the strategy for creating a more dynamic and resilient economy and in a win for over 3 million Australians with student debt - they’ll see some of it wiped away with the Government’s fiscal wand.

As we move into the 2025/2026 financial year there are some key changes in tax, superannuation and compliance that are set to impact on a range of individuals and business owners. This edition of our newsletter brings together the most relevant updates to help you stay compliant, minimise your tax exposure and make informed financial decisions.

Inside this month are key updates, including a summary of the proposed Division 296 super tax and its practical implications for clients with high-balance superannuation, changes to the deductibility of ATO interest charges from 1 July 2025, the risks associated with following unqualified ‘finfluencer’ tax tips, considerations around the ongoing value of trust structures amid new regulatory challenges, and a look at the potential effects of proposed US tax legislation on Australian investors.

Alongside tips for preparing for tax season we’re finding newsfeeds running hot with changes and information that’s relevant to employees, investors and business owners. Understanding these changes alongside implementing them can be complex. Our goal is to provide you with information and guidance to help. If there's a topic you'd like us to cover please let us know.