Good Afternoon, The federal budget for 2026 is definitely not the innocuous affair we have seen in previous years. This budget has not just been handed down, it has crash landed with a thud, especially for those trying to utilise residential property, or using a personally owned investment portfolio to build wealth. The result of […]

Jim Charmers presided over a federal budget (click here for a summary) that may not have even been handed down if cyclone Alfred didn’t ruin the government’s plans to call an election at that time. Understandably, the budget has been hurriedly constructed and tries to appeal to as large a swathe of voters as possible. […]

Jim Charmers handed down the Federal Budget for 2024-25 with most of the content already being released to the media prior to its’ publication. This edition really does not warrant in depth discussion given the policy implications are scratching around the edges and therefore I’ve reserved the usual commentary. The only points I would add […]

2 March 2023The Government has announced that they intend to change to tax concessions on certain superannuation accounts if you have a total super balance of more than $3 million. While it is important to understand that this is just a proposal at this time, we understand that you may have some questions about whether […]

As outlined in the MLC financial year in review, this financial year has been one of challenges where the longer term implications of the pandemic are now being felt across the world. The global economy is facing a myriad of different issues at the moment with inflationary pressures, rising interest rates, the war in Ukraine, […]

Super contribution changes and opportunities – legislation introduced October 27, 2021 2:10 PM On 27 October 2021 the Government introduced legislation to give effect to some of the key super measures announced in the 2021 Federal Budget. The measures included in the Bill are: changes to the work test for people aged 67-74 increasing the age up […]