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Federal Budget 2025-26: For You and Your Family

Federal Budget 2025-26: For You and Your Family

From tax cuts to energy bill relief, here’s our breakdown of what’s in the federal budget for individuals and families. “Modest” two-stage personal income tax cut From1 July 2026 The Government will provide a “modest” tax cut to all...
Federal Budget 2025-26: For Business

Federal Budget 2025-26: For Business

From beer tax pauses to the banning of non-compete clauses, here’s what’s in this year’s budget for business. Non-compete clauses to be banned DateFrom 2027 The Government has announced that it will ban non-compete clauses for low and middle-income...
Trade wars and tariffs

Trade wars and tariffs

Global Google searches for the word “tariffs” spiked dramatically between 30 January and 2 February 2025, a +900% increase to the previous 12 months. We look at what tariffs really mean. Who pays for tariffs? Tariffs increase imported goods’ prices...
FBT 2025: What you need to know

FBT 2025: What you need to know

The Fringe Benefits Tax (FBT) year ends on 31 March. We’ve outlined the hot spots for employers and employees. FBT exemption for electric cars Employers that provide employees with eligible electric vehicles (EVs) can potentially qualify for an FBT exemption....
Threshold for tax-free retirement super increases

Threshold for tax-free retirement super increases

The amount of money that can be transferred to a tax-free retirement account will increase to $2m on 1 July 2025. The transfer balance cap is the amount that can be transferred to a tax-free retirement account. Each December, the cap is indexed to the Consumer Price...