Preparing a budget is one of the most important things every household and small business should do. It is a relatively simple task, but can be a confronting one. It can be quite stressful to see the numbers on the page, especially when the expenses are higher then the income! Personal Budget We recommend people prepare or review their personal budget at the start of each financial year or if there is a significant change in their circumstances, such as buying a house, getting a new job or...

The way Australian small businesses pay superannuation is undergoing its biggest shake-up in decades. From 1 July 2026, the old system of quarterly super payments is officially gone. Under the government's new Payday Super legislation, you must pay your employees' superannuation at the same time you pay their regular wages. Here is our practical guide to help your business get compliant, adjust your cash flow, and avoid steep penalties before the 1 July 2026 deadline. The New Rules vs The...

Jim Chalmers has recently handed down his fifth federal budget and it contains some of the most significant tax changes in the past two decades. For small business owners and property investors, there are several major changes that will require a strategic review of your current tax positions. Here is a breakdown of the key announcements and what they mean for you and your business. $250 Workers Offset For the 2028 financial year onwards, there will be a new $250 Workers Tax Offset, meaning...