What We Know About the CGT, Negative Gearing and Trust Tax Changes
by Luke Quinnell The Federal Government has announced significant tax reforms affecting capital gains tax (CGT), negative gearing, and discretionary trusts minimum tax of 30%. While some measures have now been legislated, others remain in draft form and are still subject to consultation and parliamentary approval. As a result, it is important to distinguish between […]
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The Management Report Most Small Businesses Don’t Have
Ask most small business owners what their gross margin was last month, and few can answer with confidence. This is not a reflection of poor management. It is simply a consequence of the fact that the only financial information most owners regularly see is a profit and loss statement prepared at tax time, alongside a […]
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New Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Requirements
by Luke Quinnell From 1 July 2026, new Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) requirements will apply to accounting firms, resulting in enhanced Know Your Client (KYC) and Know Your Business (KYB) procedures. As part of these obligations, we may request additional information from both new and existing clients, including: Identification documents (e.g. driver’s licence […]
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Payday Super is Now Live for All Employers!
by Luke Quinnell Employers must now pay Superannuation contributions for employees on the same frequency as their wage payments. You should be prepared for the increased frequency of superannuation payments. Each fund must receive the contribution within 7 days of each payday. If you are not prepared for this change, please contact your accountant immediately […]
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Smart Property Investment Isn’t Just About Location – It’s About Analysis
Investment property remains one of Australia’s most popular wealth-building strategies. Strong historic growth, favourable tax treatment and the tangible nature of real estate continue to attract investors. Yet too often, purchases are driven by emotion, market sentiment or the perceived benefits of negative gearing — without a rigorous assessment of the specific property they are […]
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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