Legislation enabling an extra 15% tax on earnings on super balances above $3m is before Parliament.
While not a concern for the average worker, if enacted, those with significant property or other illiquid assets in
their superannuation fund are most at risk, for example farmers and business operators who own their business property in their self managed
superannuation fund (SMSF).
The issue is how the tax is calculated. The tax captures the growth in the balance of a member’s superannuation over the financial year
(allowing for contributions and withdrawals). It captures both:
If the member’s total super balance has decreased - the loss can be offset against future years.
The ATO will calculate the tax each year. Members with balances in excess of $3 million will be tested for the first time on 30 June 2026,
with the first notice of assessment expected to be issued to those impacted in the 2026-27 financial year.
If you are likely to be impacted by the impending new tax, it is important to speak to your financial adviser. While keeping assets within
superannuation will remain the best option for many, it’s important to ensure that you’re in the best possible position.
LIVE 2-DAY COURSE - MELBOURNE CBD
15 & 16 December 2025
Join SkyBots’ 2-day Workshop with automation expert Daryl Aw to revolutionise your workflow using Power Automate, UiPath, VBA,
and cutting-edge AI tools like Copilot and ChatGPT. Tailored for accounting and finance
professionals, bookkeepers and small business owners, this hands-on training will teach you to automate repetitive tasks, generate and
optimise VBA scripts, and deploy robust automation solutions independently.
LIVE 2-DAY COURSE - SYDNEY
11 & 12 December 2025
Join SkyBots’ 2-day Workshop with automation expert Daryl Aw to revolutionise your workflow using Power Automate, UiPath, VBA,
and cutting-edge AI tools like Copilot and ChatGPT. Tailored for accounting and finance
professionals, bookkeepers and small business owners, this hands-on training will teach you to automate repetitive tasks, generate and
optimise VBA scripts, and deploy robust automation solutions independently.
LIVE 2-DAY COURSE - MORNINGTON
29 & 30 September 2025
Join SkyBots’ 2-day Workshop with automation expert Daryl Aw to revolutionise your workflow using Power Automate, UiPath, VBA,
and cutting-edge AI tools like Copilot and ChatGPT. Tailored for accounting and finance professionals,
bookkeepers and small business owners, this hands-on training will teach you to automate repetitive tasks, generate and optimise VBA
scripts, and deploy robust automation solutions independently.
LIVE 2-DAY COURSE - SYDNEY
25 & 26 September 2025
Join SkyBots’ 2-day Workshop with automation expert Daryl Aw to revolutionise your workflow using Power Automate, UiPath, VBA,
and cutting-edge AI tools like Copilot and ChatGPT. Tailored for accounting and finance professionals,
bookkeepers and small business owners, this hands-on training will teach you to automate repetitive tasks, generate and optimise VBA
scripts, and deploy robust automation solutions independently.
LIVE 2-DAY COURSE - BRISBANE
8 & 9 September 2025
Join SkyBots’ 2-day Workshop with automation expert Daryl Aw to revolutionise your workflow using Power Automate, UiPath, VBA,
and cutting-edge AI tools like Copilot and ChatGPT. Tailored for accounting and finance professionals,
bookkeepers and small business owners, this hands-on training will teach you to automate repetitive tasks, generate and optimise VBA
scripts, and deploy robust automation solutions independently.
LIVE 2-DAY COURSE - PERTH
18 & 19 August 2025
Join SkyBots’ 2-day Workshop with automation expert Daryl Aw to revolutionise your workflow using Power Automate, UiPath, VBA,
and cutting-edge AI tools like Copilot and ChatGPT. Tailored for accounting and finance professionals,
bookkeepers and small business owners, this hands-on training will teach you to automate repetitive tasks, generate and optimise VBA
scripts, and deploy robust automation solutions independently.
WEBINAR - Recording
The best retirements are those planned well in advance. Because when it comes to designing the life you want, age should never be a limit.
In this expert-led webinar, we’ll walk you through the essential strategies to help you create a financially secure and fulfilling
retirement - on your terms.
WEBINAR - Recording
Thinking about using your super to invest in property? Watch the recording of our expert-led webinar to explore how a Self-Managed Super Fund (SMSF) can help you build long-term wealth through property investment.
The short answer is no. Many lenders offer no-deposit car loans, which means you can borrow the full value of the vehicle.
A travel loan is simply a type of personal loan that’s used specifically for holiday-related expenses.
We’ve all seen it: slick social media reels, perfectly filtered property gurus, and bold AI influencers promising fast wealth. But in Australia’s regulated finance and property landscape, chasing that hype can lead to more heartbreak than haul.
Bridging loans can be a smart strategy for homeowners looking to upsize, downsize or relocate – especially in a competitive property market.
Australian housing values are gaining momentum with falling interest rates driving renewed growth in the property market.
WEBINAR - Recording
In this webinar we explore how a Self-Managed Super Fund can help you take control of your
retirement in today’s changing economic landscape.
Despite elevated interest rates causing stress to borrowers, trust in brokers remains high.
This past financial year brought a wave of opportunity—and many super funds delivered, with double-digit growth across key asset classes. The big question: is your fund among the top performers?
More and more Australians managing their own super through SMSFs are outperforming the country’s largest funds—and they’re doing it with calm confidence, not complexity.
Investing in property isn’t just about mortgage repayments. There are significant upfront and ongoing costs to consider.
Low-doc loans are a practical solution when tax returns or full financial statements aren’t available.
Geopolitical tensions remained in focus in June as renewed conflict in the Middle East disrupted oil supply routes and raised concerns about broader regional instability. Oil prices spiked as tensions rose and supply concerns mounted, though moderated after a ceasefire was called 12 days later. Brent closed June +5.8% higher at $67.61.
Discover how the ATO’s data-matching program works and how staying informed can help you prepare your taxes with clarity and confidence.
Late super payments can cost your business thousands in tax, penalties, and even personal liability. Here’s how to avoid the spiral and protect your future.
The Australian business landscape is expanding, signalling a potentially strong future for commercial property markets.
Australia's commercial property market is showing signs of recovery after a challenging period, with tentative growth expected throughout 2025 and stronger performance anticipated in 2026.
According to the CBRE Lender Sentiment Survey, 56 percent of lenders expressed intentions to grow their commercial real estate exposures.
Property prices have surged in several markets since the Reserve Bank of Australia's first interest rate cut in February.
SMART Business Solutions has been named winner of the Innovator of the Year at the Australian Accounting Awards 2025. Recognised for our forward-thinking approach, we continue to lead the way in combining AI-driven efficiencies with a human-centered client experience - empowering our team to do meaningful work that drives real impact.
A personal loan can help improve your credit score if managed properly. Regular, on-time repayments show lenders you can handle debt responsibly.
Investors now represent a substantial portion of new lending, approaching record highs in some smaller states and reaching levels nationally
Familiarise yourself with auction rules and terminology. Understand how vendor bids work, and clarify all sale terms before auction day.
The end of the financial year (EOFY) is often one of the best times to snap up a bargain in the automotive market.
The Australian office market is showing encouraging signs of recovery in 2025.
A cash flow forecast for the year ahead will help you anticipate slow periods, identify upcoming expenses, and plan for investment opportunities.
While the month began with constructive discussions and agreements between the US and some of its trading partners, uncertainty returned to the market after President Trump threatened to impose new tariffs on Europe and multiple large corporates such as Apple, Samsung and Mattel, and again near month-end as the Court of International Trade deemed the global tariffs to be “contrary to law.”
Planning ahead can prevent surprise tax bills and smooth out your cash flow.
Australia has established itself as the world's second most attractive data centre investment market, with only the United States receiving more capital inflow in this rapidly expanding sector.
The Northern Territory's commercial property market is experiencing significant growth, with Darwin emerging as a new hub for investors across multiple sectors.
The surge in confidence comes amid February's interest rate cut and expectations of further reductions throughout 2025, creating a more optimistic outlook across most sectors and states.
It’s a powerful question, and one we help clients explore every day. it’s about understanding your whole financial picture and the lifestyle you want to create.
Making strategic investments in new assets before EOFY can position your business for growth in the year ahead.
The investment market volatility that kicked off in March 2025 has felt like a punch, particularly for those in or nearing retirement.
Global markets whipsawed following the “Liberation Day” tariff announcements on April 2, and subsequent developments throughout the month. Volatility was rife and trading volumes were robust.
We’ve all seen it: slick social media reels, perfectly filtered property gurus, and bold AI influencers promising fast wealth. But in Australia’s regulated finance and property landscape, chasing that hype can lead to more heartbreak than haul.
This past financial year brought a wave of opportunity—and many super funds delivered, with double-digit growth across key asset classes. The big question: is your fund among the top performers?
