The Australian government has introduced significant changes to the taxation of superannuation funds with balances exceeding $3 million. These reforms, set to take effect from July 1, 2025 should they be passed through both houses by the new government, aim to increase the concessional tax rate on super account earnings in the accumulation phase from 15% to 30% for balances above the threshold. While the stated motive of this change is to improve tax equity, it in essence if passed as tabled, will operate as an unrealised capital gains tax.

May 28, 2025

Your credit history plays a major role in whether you’re approved for a loan and the terms you're offered. By reviewing your credit report beforehand, you can see exactly what a lender would see—giving you the chance to understand where you stand financially and if required, fix any problems before they impact your loan application.

Loans

April 28, 2025