News

Category: Federal Budget

Optima Partners News – October 2022
Check out our latest newsletter and overview. OPTIMA PARTNERS – OP Budget 2022 2023 Overview...
2020 The Government Economic Stimulus Package UPDATED!
UPDATES:  The Government Economic Stimulus Package  Monday 30th March 2020: Scott Morrison today (30/03/2020) announced...
WHY YOUR COST OF MANAGING TAX AFFAIRS DEDUCTION MATTERS
  On Sunday 26 June, just six days before the federal election, the ALP’s Shadow...
Budget Changes to Superannuation
If you are feeling a little battered and bruised from the announced changes in the...
NEGATIVE LOGIC ON NEGATIVE GEARING & WORK RELATED DEDUCTIONS
NEGATIVE LOGIC ON NEGATIVE GEARING & WORK RELATED EXPENSES Negative gearing:  In accounting the matching principle...
NEW PRIME MINISTER: NEW TAXES ?
NEW PRIME MINISTER: NEW TAXES ? Welcome Mr. Turnbull to the leadership position in Australia...
NEGATIVE GEARING ESCAPES BUDGET AXE
Negative gearing escapes budget axe Negative gearing – the ability to reduce your taxable income by...
WHAT WASN’T IN THE 2015 BUDGET
What wasn’t in the 2015 budget Last week Treasurer Joe Hockey released the Federal Budget for...
Tax reform is on the agenda
There has been a lot of long overdue talk recently about the Australian Tax System....

Latest News

SMSF property investment: A comprehensive guide
For many investors, a popular way to invest directly in residential or commercial property is...
Super tax still on the table after first parliament session
The first sitting fortnight of the 48th Federal Parliament shed little light on the fate...
Capital gains tax in Australia: what you need to know before you sell assets
Capital gains tax (CGT) in Australia applies when you sell certain assets. Understanding the consequence...
Key Dates – August 2025
August 11: Q4 (April–June) activity statements lodged electronically – final date for lodgement and payment....
Small business tax deductions in Australia: what you can and can’t claim
The small business sector is the backbone of the Australian economy, representing over 95% of...
Important changes for FY 2025-26
Recent tax changes will affect how businesses manage cash flow, debt and compliance obligations. In...
Key Dates – July 2025
July 1: Beginning of 2025-26 financial year. July 21: Lodgement and payment of June 2025...
ATO third-party data collection: implications for taxpayers
As the Australian Taxation Office (ATO) expands its use of data-matching technology, businesses and individuals...
Succession planning in ATO spotlight
Wealthy privately-owned groups have seen an increase in unexpected tax consequences as the ATO firms...
Tax misinformation: CPA warns against AI and influencers
Taxpayers are increasingly turning to unreliable sources for tax advice as the 2024-25 financial year...