Proposed changes to superannuation are still being debated in Parliament. The government’s plan to tax balances above $3 million – including unrealised gains – has sparked significant discussion, with questions about fairness, liquidity and long-term impact on SMSFs.
Your income is one of your biggest assets, yet many Australians leave it unprotected. Income protection insurance not only provides a financial safety net if illness or injury stops you working, but it can also offer valuable tax benefits when structured correctly.
Whether you work from home every day or just a few hours a week, the ATO has strict rules on what you can and can’t claim. We’ve answered the top 5 questions to help you maximise your deduction while avoiding common mistakes.
A saving is on the way for anyone with a student loan – the Government is slashing 20% of all outstanding HELP debts as at 1 June 2025, with no action required. This one-off reduction, combined with a lower indexation rate, could mean thousands wiped from your balance overnight.