Tax and business news

The Government proposes removing the higher age-based private health insurance rebates for people aged 65 and over. The measure is not yet law, but affected policyholders should understand the possible cost.

A plain-English run-through of the 2026–27 tax changes that actually matter — what starts when, and what is still just an announcement.

Negative gearing and CGT reforms are proposed for 1 July 2027 — not your 2026–27 return. The timing, in plain English.

Tax time can feel confusing, especially if you are not sure how to prepare and lodge your tax return. For the 2026 financial year, your tax return needs to include your income, deductions and other relevant tax information for the period 1 July 2025 to 30 June 2026. This guide explains how to do your tax return in Australia, what documents to gather, when to lodge, and how to avoid common mistakes. Whether you lodge yourself through myTax or use a registered tax agent, unders

Is private health insurance tax deductible in Australia? Private health insurance premiums are generally a private expense, not an income-tax deduction. Do not confuse a deduction with the private health insurance rebate: the rebate has separate eligibility rules and can be reconciled through your tax return. The ATO's work-related expense guidance confirms that private health insurance is not deductible even when employment requires it. Does private cover remove the Medicare

This introduction was published in 2023. The core 2026 property reforms are now enacted, with new rental-loss rules applying from 1 July 2027. Acquisition timing and exceptions can affect future treatment; use the newer guide before relying on this general explanation. Read the 2027 negative-gearing guide. Negative gearing is a common investment strategy in Australia, where an investor borrows money to purchase an asset, such as property or shares, with the expectation that t

How the governments stimulus package will affect you, your family and your business.

How the governments stimulus package will affect you, your family and your business.

How the governments stimulus package will benefit you

The Instant Tax Write off has been extended to June 2020 & has been increased to $25,000!