Written by Michael Walsh, Associate Director and Founder As we move into the 2026-27 financial year, there are several important tax, superannuation and investment updates for clients to be aware of. Some measures are already scheduled, while others remain proposed and subject to legislation. Residential Property & Negative Gearing Following the Federal Budget, proposed changes
Medical professionals play a crucial role in ensuring the health and wellbeing of the community. As these dedicated individuals transition between different healthcare employers, they may encounter the eligibility to salary package and therefore experience a unique set of challenges relating to this. Salary Packaging is a remuneration arrangement that allows employees to receive a
Written by Michael Walsh | Associate Director With 30 June fast approaching, now is the time to review your tax position and ensure you’re taking advantage of available opportunities before the end of the financial year. Use this checklist to stay on track and prepare for upcoming superannuation changes. ✅ Before 20 June 2026 Superannuation
Treasurer Jim Chalmers has handed down the 2026 – 27 Federal Budget, introducing some of the most significant proposed tax reforms in decades – particularly around property investment, discretionary trusts, Capital Gains Tax (CGT), and superannuation. Our team has summarised the key changes and what they may mean for your financial position, including: Property &
Written by Cheryl Jones | Senior Bookkeeper | Bookkeeping From 1 July 2026, a major change to superannuation obligations will come into effect for Australian employers. Known as “Payday Super,” this reform will require super contributions to be paid at the same time as employee wages, rather than quarterly. Understanding these changes now will help
Walshs is delighted to announce that the Bongiorno National Network (BNN) has officially become an Alliance Partner of the Australian Orthopaedic Association (AOA). This exciting national partnership brings together Australia’s largest network of financial specialists for medical professionals with the country’s leading organisation representing orthopaedic surgeons, trainees, and researchers. A trusted partner for surgeons across
Walshs has strengthened ties with the Australian Orthopaedic Association (AOA) Queensland Branch as a Regional Alliance Partner. This collaboration reflects our shared commitment to supporting Queensland’s orthopaedic surgeons, trainees, and medical researchers by providing access to specialist financial advice, education, and resources tailored to the needs of medical professionals. For over 30 years, Walshs has
When running a business, creating a positive and engaging environment for your employees is key to success. Whether you’re throwing a Christmas party, organising a recreation day, or hosting a seminar, these events can boost morale and strengthen your team. However, it’s essential to understand how Fringe Benefits Tax (FBT) applies to these activities. Understanding
Economic Outlook The economic outlook was once again presented by the Chief Economist for KPMG Australia – Dr Brendan Rynne. In 2023, he was one of the 20% of Australian economists that believed there would be no recession in the technical terms (two consecutive quarters of negative growth in real GDP), but he advised that
