For many people the end of financial year (EOFY) can have a frantic vibe about it – perhaps it’s the overwhelm of suddenly having to sift through receipts, super and tax deductions that they’d been meaning to tend to months ago. June 30 can be a great motivator to get organised, but it can also […]
Archives for June 2026
Contribution caps to increase from 1 July
From 1 July 2026, super contribution caps are increasing – that’s the amount Australians can contribute to super each year before extra tax may apply. In broad terms, the annual before-tax (concessional) cap will rise from $30,000 to $32,500, while the annual after-tax (non-concessional) cap will rise from $120,000 to $130,000. For people eligible to […]
Ups, downs and volatile markets
Market downturns can feel unsettling, and it is natural to wonder whether a difficult few days, weeks or months means the whole year is likely to end badly. But history shows that it’s not always the case. In Australia, it’s not unusual to see markets show meaningful declines throughout different days, weeks and months, yet […]