Payday Super Commences Soon, Ensure Your Business Is Ready!
by Luke Quinnell Payday Super will commence on 1 July 2026. This is one of the most significant changes to payroll compliance in many years. If you pay employees, you must ensure your business is fully prepared well before the deadline. Payday Super Requirements For Employers These new laws require all employers to pay Superannuation […]
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2025 Lambourne Partners Annual Charity Golf Day
On Friday the 28th of November, we held the 14th annual Lambourne Partners Charity Golf Day at the Newcastle Golf Club. The event has raised $240,000 for local charities since 2011. This year our selected charity was Emmas Warriors. Emma’s Warriors is dedicated to making life a little easier for children and families undergoing treatment […]
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Update On How Holiday Homes Are Treated For Tax Purposes
by Luke Quinnell Owning a holiday home that’s rented part-time and used personally offers flexibility and potential taxation benefits. Rental income can offset ownership costs, and legitimate deductions—such as interest, rates, and maintenance—may apply for income-producing periods. However, the ATO closely scrutinises these arrangements because mixed use often leads to inflated or incorrectly apportioned claims. […]
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Understanding the 6-Year Rule for the Main Residence Exemption from Capital Gains Tax
by Nick Allen For Australian tax residents, any gain on the disposal of your main residence is protected from capital gains tax. Simply put, the profit you make on the sale of your home is generally tax free. It is important to note that you can only have one main residence at a time, and […]
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Update On The Proposed Changes To The Tax On Super Balances Over $3million
by Luke Quinnell There has been a significant announcement today (13th October 2025) from the government regarding the proposed superannuation tax reforms on balances over $3million. The two most controversial aspects, being the taxing of unrealised gains and no indexation of the $3million threshold will both be removed. The original intent remains (i.e. to tax super […]
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Contact Us
Newcastle: Level 1, 56 Hudson Street Hamilton NSW 2303
Singleton: 3/6 Castlereagh Street Singleton NSW 2330
East Gosford: Suite A & B, 78 York Street East Gosford NSW 2250
Postal: PO Box 1050 Hamilton NSW 2303
Newcastle Office (02) 4969 6600
Singleton Office (02) 5542 8165
East Gosford Office (02) 4092 4111
info@lambourne.com.au