Rated #1 for Technical Support 14 years running by Wealth Insights¹ our FirstTech team brings award-winning expertise to every adviser conversation.
For more than 25 years, our team has offered expert guidance across a wide range of technical areas, from superannuation and contributions, to aged care and estate planning.
The Government has introduced the Treasury Laws Amendment (Tax Reform No. 3) Bill 2026 into Parliament.
Key changes include:
The ATO has published information on the CGT reforms titled Learn how capital gains tax (CGT) changes announced in the Budget may apply to the sale or disposal of your assets
The information outlines the changes commencing from 1 July 2027, including the replacement of the 50% CGT discount with cost base indexation for future gains, the introduction of a minimum 30% tax on certain net capital gains, and the extension of CGT to gains accruing on pre-CGT assets from that date. It also explains the transitional rules that will apply to assets held before 1 July 2027.
The Government has released the 2026 Intergenerational Report.
It projects the outlook for the Australian economy and the Government’s budget to 2065–66.
The report includes a new section on the major transitions shaping Australia’s economy:
As well as a chapter on intergenerational equity.
As we step into the 2026-27 financial year, advisers are actively helping clients plan and implement strategies for the year ahead. However, it’s just as important to look back, as the way clients complete their 2025-26 tax returns can have a direct impact on the success of the financial planning strategies advisers recommended for the 2025-26 year.
Several financial planning strategies rely on the correct completion of the individual tax return. If key items are missed or incorrectly reported, the strategy may not work as intended, and in some cases, may even trigger adverse tax consequences.
Where a member of an SMSF loses capacity, they are no longer able to act as trustee or director of the corporate trustee, but may continue to be a member of the SMSF provided another individual is willing and able to act as trustee in their place.
The SIS legislation allows for an individual who holds an Enduring Power of Attorney (EPoA) in respect of the member to become trustee / director without causing the fund to cease to be an SMSF. This article explores how this can be achieved and the key factors that advisers should take into consideration when implementing this solution.
One of the benefits of SMSFs is the ability to invest in private unit trusts providing access to a broad range of investment opportunities.
However, private unit trust investments also come with a range of potential compliance issues that need to be carefully considered and managed throughout the life of the investment.
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Stratxa Advisory
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Tribel Advisory
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¹ Wealth Insights Platform Service Level Reports - CFS First Tech team was rated #1 by Wealth Insights for Technical Support every year since 2013.
Adviser use only. Information on this webpage is provided by Avanteos Investments Limited ABN 20 096 259 979, AFSL 245531 and Colonial First State Investments Limited ABN 98 002 348 352, AFSL 232468. It may include general advice but does not consider anyone’s individual objectives, financial situation, needs or tax circumstances. You should read the relevant Product Disclosure Statements (PDSs), Investor Directed Portfolio Service Guides (IDPS Guides) and Financial Services Guides (FSGs) before making any recommendations to a client. The PDSs, IDPS Guides and FSGs can be obtained from www.cfs.com.au or by calling us on 13 18 36. Past performance or awards are no indication of future performance.