News update – June 2026 Big tax and business changes are on the horizon—and for individuals, families and business owners across Northern Melbourne, including Reservoir, now is the time to get informed. At Siragusa Accounting Group, we’ve pulled together the key updates you need to know, from the Federal Budget proposals affecting negative gearing, the
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Budget 2026-27: at a glance. The Federal Budget 2026–27 is now out, and we’ve pulled together the key announcements so you have the latest information at your fingertips. This briefing highlights the changes most likely to matter for individuals, investors and business owners. As some measures are still proposals and may evolve as legislation is
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Budget 2025-26 is one that the government clearly did not expect to have to deliver. It features a modest personal income tax cut of up to $268 in 2026-27, with a tax saving of up to $536 from the 2027-28 year, and over $20bn in predominantly preannounced spending initiatives across energy, healthcare, education, families and
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What’s ahead in 2025? The last few years have been a rollercoaster ride of instability. 2025 holds hope, but not a guarantee, of greater stability and certainty. We explore some of the key changes and challenges. An election Welcome to political advertising slipping into your social media, voicemail, and television viewing – most likely with
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What makes or breaks Christmas? The cost of living has eased over the past year but consumers are still under pressure. For business, planning is the key to managing Christmas volatility. The countdown to Christmas is on and we’re in the midst of a headlong rush to maximise any remaining opportunities before the Christmas lull.
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Click here to view PDF: NEWS UPDATE – NOVEMBER 2024 What makes or breaks Christmas? The cost of living has eased over the past year but consumers are still under pressure. For business, planning is the key to managing Christmas volatility. The countdown to Christmas is on and we’re in the midst of a headlong
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Will 2024-25 be another year of volatility or a return to stability? Personal tax & super As you would be aware (at least we hope so after a $40m public education campaign), the personal income tax cuts came into effect on 1 July 2024. At the same time, the superannuation guarantee (SG) rate increased by
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The Treasurer is promising that inflation will decline by 0.75% as a direct result of the 2024-25 Federal Budget initiatives including energy relief for all households, a boost to Commonwealth Rent Assistance, and the freezing of the maximum co-payment on the Pharmaceutical Benefits Scheme. This is a pre-election budget for the people with everyone getting
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View PDF: Budget 2023-24 ‘Ace in the Hole’ Budget 2023-24 The ‘ace in the hole’ of the 2023-24 Federal Budget was the $4.2bn surplus; the first in 15 years. The surplus was driven by a surge in the corporate and individual tax take. High commodity prices, inflation, and high employment have all pushed up corporate
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