From 2026–27, a new Division 296 tax will apply to some earnings linked to super balances above $3 million. Here’s how it works, who may be affected and how the tax will be paid.
From 1 July 2026, eligible parents can receive super contributions on government-funded Paid Parental Leave. The new measure is designed to help reduce the impact that time away from work can have on long-term retirement savings.
From today, 10 August 2026, new SMSF borrowing arrangements (LRBAs) can only be used to buy business real property, not residential. If you’re mid-purchase, it’s your contract exchange date that decides which rules apply.
Tax rates and thresholds can change each year, affecting deductions, tax payable and planning before 30 June. Key areas to check include work-from-home claims, car expenses, small business asset write-offs, super contributions and HELP repayment thresholds.