We are proud to announce the opening of our new Longreach office, marking an exciting return to where our firm’s story began more than 40 years ago.
The Federal Government’s CGT reforms have now become law, bringing major changes for individuals, trusts and investors. While the new rules do not commence until 1 July 2027, early planning may be critical to maximise available opportunities under the current regime.
PAYG instalments don’t have to catch you off guard each quarter. When managed effectively, they support more consistent cash flow and help businesses stay on top of their tax obligations throughout the year.
2026–27 Federal Budget Highlights The Federal Treasurer, Dr Jim Chalmers, handed down the 2026–27 Federal Budget at 7:30pm (AEST) on 12 May 2026. Details of the highly anticipated initiatives which are slated to improve housing affordability have emerged.
The Division 296 superannuation tax has now become law, with several key changes from the original proposal. Commencing from 1 July 2026, the new rules apply to individuals with total superannuation balances over $3 million and include revised thresholds, tax rates and calculation methods.
Queensland primary producers may be eligible for funding of up to $50,000 to invest in permanent infrastructure that improves drought preparedness. Drought Preparedness Grants, administered by QRIDA, support proactive measures aligned with a Farm Business Resilience Plan and remain open until funding is exhausted.
Queensland’s recent flooding has placed enormous pressure on rural and regional communities, with significant damage across North, North West and Central Queensland. New funding of $26.6 million has been released to help primary producers and local businesses recover, offering grants for clean up, reinstatement and ongoing operational support through QRIDA.
With major ATO changes on the horizon and increasing compliance requirements, businesses are rethinking their accounting software. Xero is leading the way with smart features that simplify payroll, superannuation, and reporting. Could now be the right time for you to make the switch?
The ATO is cracking down on income earned from personal skills, especially when routed through companies or trusts and shared with family members. New guidelines on Personal Services Income (PSI) set out compliance risks and tests for genuine business activity. Contractors and consultants should review their structures now to avoid penalties.
The Federal Government’s proposed Payday Super legislation is set to transform how employers manage superannuation contributions. With a proposed start date of 1 July 2026, now is the time to prepare for what’s ahead.
