Federal Budget 2026 - 2027
On 12 May 2026, the Federal Government delivered its fifth Budget. It was one of the most dramatic and significant budgets in decades. Among other things, it announced that negative gearing would be abolished for property purchased after 1 July 2027 (albeit, grand-fathering pre-Budget arrangements).
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Escaping the "Capacity Trap": Why 2026 is the Year to Trade Your Solo Practice for a Network
In the Australian accounting industry, "busy" used to be a badge of honor. But as we move through 2026, being fully booked has become a dangerous signal. If your calendar is at 100% capacity but your bank account isn’t reflecting that effort, you haven’t built a business—you’ve built a cage.
Welcome to the Capacity Trap.
CGT and options – when is the asset acquired?
There was a recent case before the Federal Court which had to deal with the issue of when is an asset acquired for CGT purposes when an option is exercised to acquire it
CGT relief if an asset is lost or accidentally destroyed
The capital gains tax (CGT) rules provide a lot of important concessions where a capital gain arises in unusual or unexpected circumstances.
Budget Musings: Changes to negative gearing, the CGT discount on the cards
Even before the current war in the Middle East, the Budget has clearly been under some pressure. Recent comments from various government sources suggest that changes to the tax rules around investment properties could be under serious consideration. So, what sort of changes could we see on 12th May? And how might they affect you?
Fuel Response Payment Plan
If you’re experiencing financial difficulties because of the spike in fuel prices due to the Middle East conflict, even indirectly, you may be able to benefit from the ATO’s fuel response payment plan. It may only be a deferral, but it could make a difference in these difficult times
Our Management Credentials
