Auswild & Broad | Blog

You may have seen the viral headline about a new U.S. tax bill called the One Big Beautiful Bill, but what does it mean for Australian investors, especially super funds and small businesses with US exposure? Turns out, it could mean a hit to investment returns.

Division 296 super tax is a controversial Federal Government proposal to impose an extra 15% tax on some superannuation earnings for individuals if their total superannuation balance (TSB) is over $3 million as at 30 June of the relevant income year.

As the urban sprawl continues in most major Australian cities, we are often asked to advise on the tax treatment of subdivision projects. Before jumping in and committing to anything, it is important to understand the tax liabilities that might arise from these projects.

Planning for retirement can be daunting, but understanding how much superannuation you should have at different stages of your life can make it easier. Here’s a guide to help you gauge whether you’re on track with your super savings.

The amount of money that can be transferred to a tax-free retirement account will increase to $2m on 1 July 2025.

‘Payday super’ will overhaul the way in which superannuation guarantee is administered. We look at the first details and the impending obligations on employers.

Here’s a summary of the key changes coming into effect on 1 July 2024:

On 15 March 2024, the ATO's Small Business Super Clearing House ('SBSCH') will roll out SMSF bank account validation.

From 1 July 2024, the amount you can contribute to super will increase. We show you how to take advantage of the change.

The gender gap may be closing in SMSF balances (and at a much faster rate than APRA funds), but it's still a glacial pace. Class modelling shows that an early boost, combined with the magic of compounding, can redress the imbalance.