The 2026–27 Federal Budget proposed a 30% minimum tax on discretionary trust income from 1 July 2028, aimed at aligning trust taxation with wage earners while curbing income splitting — though key exclusions apply and over 90% of small businesses aren't expected to be affected. The rules aren't yet final, but family groups, especially those distributing income to companies, should start considering how the changes might impact them.

New SMSF borrowing rules have changed the types of property that can be acquired through limited recourse borrowing arrangements.

The High Court has recently handed down an important decision that will impact many private business groups using discretionary trusts and corporate beneficiaries.

Since the Federal Treasurer handed down the 2026-27 Federal Budget on 12 May 2026 there has been a significant amount of commentary on some of the more controversial proposals, including the decision to replace the CGT discount with an indexation system and impose a 30% minimum tax rate on discretionary trusts.

The Government has announced a staged wind-back of the current Fringe Benefits Tax exemption for electric vehicles , following recommendations from the Statutory Review of the Electric Car Discount released in May 2026.

A new Bill before Parliament – the Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Bill 2025 – proposes several key changes that could affect small businesses, listed companies, and the not-for-profit sector.

As the Labor party settle back into their seats having secured a majority in the House of Representatives, we look at the campaign promises and the unfinished business from the last term.

In the 2025-26 Federal Budget the Government announced a ban on non-compete clauses and “no poach” agreements.

Global Google searches for the word “tariffs” spiked dramatically between 30 January and 2 February 2025, a +900% increase to the previous 1

The Government announces its intention to introduce mandatory standards for large superannuation funds to, deliver timely death benefits.

If credit card surcharges are banned in other countries, why not Australia? We look at the surcharge debate and the payment system complexi

The last few years have been a rollercoaster ride of instability. 2025 holds hope, but not a guarantee, of greater stability and certainty.