+61 7 3844 5555

Treasury Releases Tranche 2 of the Tax Reform Package: More Clarity, More Complexity

The Government has now released the next tranche of exposure draft legislation supporting its 2026 Federal Budget negative gearing and CGT reforms.

Treasury Releases Tranche 2 of the Tax Reform Package: More Clarity, More Complexity

The Government has now released the next tranche of exposure draft legislation supporting its 2026 Federal Budget negative gearing and CGT reforms.

Understanding Australia’s New AML Laws: What They Mean for Clients

What does Australia's new AML laws mean for clients, ID checks and future engagement with accountants?

Dynamic PAYG Instalments: ATO Releases Draft PCG 2026/D3

ATO released a draft guidance on the new Dynamic PAYG Instalment Regime. Calculating PAYG instalments could change and compliance around General Interest Charges will shift.

Minimum Tax on Discretionary Trusts: Treasury Releases Consultation Paper

A proposed 30% minimum tax on discretionary trusts? Let's look at how the measure could operate from July 2028.

What Bendel DIS means for trusts, UPEs and Division 7A

The ATO has now released its Decision Impact Statement (DIS) following the High Court’s landmark decision in Commissioner of Taxation v Bendel [2026] HCA 18.

2026 Tax Changes Australia: Federal Budget CGT & Negative Gearing Updates

On 25 June 2026, the first tranche of tax changes from the controversial Federal Budget passed through both houses of Parliament and have become law.  The Act is very complex and taxpayers with significant capital assets will be required to consider these changes carefully.  The capital gains tax changes are 49 pages.  

Federal Budget 2026: What the Latest Tax Changes Mean for Small Business

The 2026–27 Federal Budget measure have undergone significant revision following strong backlash from business groups, investors, and tax professionals. Prime Minister Anthony Albanese and Treasurer Jim Chalmers have now introduced targeted tax carve-outs and exemptions, softening some of the more controversial reforms.

EOFY 2026: Don’t Risk Missing Your Super Tax Deduction

If you are using Xero Auto Super (via SuperChoice), contributions follow a strict multi-day processing cycle. Missing key cut-off times can mean missing your tax deduction for the financial year.

Federal Budget Announcements – Higher CGT, Harder Decisions

The 2026-2027 Federal budget has proposed some of the most significant changes to capital gains tax (CGT) in decades. While much of the public discussion has focused on housing affordability, these measures go far beyond residential property. If enacted, they will materially impact how future investment decisions are made across property, shares, business structures and family groups.

Federal Budget 2026: Key Business Tax Measures in Focus

The 12 May 2026 Federal Budget introduced a range of targeted measures aimed at supporting business cash flow, innovation and investment. These changes have practical implications for SMEs, start-ups and growing businesses. As with many Budget announcements, the measures are high-level and not yet law, and further detail will be critical in understanding how they apply. Below is our practical breakdown of what’s been announced and what it may mean.

Federal Budget 2026: Negative on Negative Gearing

The 12 May 2026 Federal Budget announced major reforms around investment in housing, in an effort to ‘level the playing field’ for first home buyers and support investment in new housing supply. House prices have risen more than twice as fast as average full-time earnings while ownership rates for 25- to 34-year-olds have been declining in the 20 years since 2001.

AUS (BRISBANE)

220 Melbourne Street, South Brisbane QLD 4101, Australia

Get directions

AUS (BYRON BAY)

12/7 Grevillea St, Byron Bay NSW, Australia

Get directions

US (IRVINE)

2030 Main Street, Irvine, CA, USA

Get directions
Social
Locations

AUS (BRISBANE)
Level 1, Suite 4

220 Melbourne Street

South Brisbane QLD 4101

+61 7 3844 5555

admin@macrogroup.com.au

AUS (BYRON BAY)
12/7 Grevillea St
Byron Bay NSW 2481

+61 2 6699 8000

byron@macrogroup.com.au

US (IRVINE)
Suite 1300

2030 Main Street
Irvine, CA 92614, USA

+1 949 209 9449

admin@macrogroup.com.au