by Financially Sorted | Jun 30, 2026 | Government Legislation
The new financial year is often a time for State and Federal governments to make regulatory and legislative changes and this year is no different. Changes from 1 July 2026 will affect every Australian State and Territory. In particular, reforms to wages, leave...
by Financially Sorted | Apr 29, 2026 | Government Legislation
Source: NTAA Voice Magazine With a Federal Budget due next week, we have heard rumours that changes to our taxation legislation are on the way. A recent white paper released on tax reform proposes the following: Reducing the tax on working income by cutting the lowest...
by Financially Sorted | Apr 1, 2026 | ATO, Government Legislation, Property Investment
For many Australians, a holiday home acts as two things. It’s a place to escape with family and friends, especially during the summer holiday months and the rest of the year it’s listed as a holiday rental for others to enjoy to help cover the costs. Until recently,...
by Financially Sorted | Jan 29, 2026 | Government Legislation, SMSF, Superannuation
When the Government reworked Division 296 in late 2025, many of the most concerning features of the original proposal were softened. Unrealised gains were removed, thresholds were tiered, and the start date was pushed back to 1 July 2026. At the time, it appeared...
by Financially Sorted | Jan 11, 2026 | Business, Economy, Government Legislation, Small Business
For years, businesses have been moving away from cash – and for good reason. Digital payments are quick, traceable and cut down on the risk of theft or counting errors. But that tap-and-go world might soon have to make room for notes and coins again. The Government...
by Financially Sorted | Nov 26, 2025 | Government Legislation
If you currently have a HECS–HELP or other study and training loan, there’s some genuinely welcome news. The Australian Government has passed legislation to reduce student loan balances by 20%, with the change flowing automatically to millions of Australians over the...