The Albanese government is considering potential changes to negative gearing, a policy that allows property investors to offest losses against their taxable income. With rising interest rates and an ongoing debate around housing affordability, the future of negative gearing could have significant impacts on both investors and the federal budget.
The government’s new “payday super” reform, set to roll out in 2026, will require employers to pay superannuation contributions on payday rather than quarterly, with stricter penalties for non-compliance. This change aims to streamline super payments, protect employees from underperforming funds, and modernise payroll processes for businesses.
This article explores the growing trend towards a cashless society in Australia, highlighting both the benefits and drawbacks. But as we embrace the future, are we leaving behind the vulnerable and sacrificing our privacy?
Could the upcoming election shift Australia’s tax landscape? With the potential for a minority government, the Greens party’s bold tax proposals – including a 40% “Robin Hood” tax – could gain serious momentum. Learn what experts predict for businesses and how the next government may finally tackle overdue tax issues.