Key 2026–27 Federal Budget tax reforms: What they mean for you

This month we unpack some of the most controversial proposals from the Federal Budget, including changes to negative gearing, the CGT discount and trust taxation. We then turn to the business payments landscape, outlining the Reserve Bank’s ban on card surcharges from 1 October 2026 and the practical actions businesses should take now.

Finally, our SMSF year-end article highlights the critical compliance steps trustees should turn their minds to before 30 June, including valuations, contributions, pensions and documentation.

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Practical updates that matter this end of financial year