One Advisory

The Federal Budget flagged what many are calling major tax reform, with three headline areas already creating confusion as details emerge:

• CGT discount changes
• Negative gearing changes
• Trust structures and distribution rule changes

Much of the detail is still to be released, so it’s important decisions aren’t rushed or made on commentary alone.

The Government has also indicated there will be significant time and rollover concessions to help people transition where changes are required.

If you want to understand what these changes could mean for you, it’s worth a conversation now with your One Advisory team member.

A little friendly competition to finish off the week 🎱

Friday night swapped spreadsheets and meetings for pool cues and bragging rights as the team headed out for a social night at the pool hall. Plenty of laughs, a few surprise hidden talents, and some very questionable trick shots made for a great evening together.

Moments like these are a reminder that strong teams are built both inside and outside the office. Collaboration, connection and a little healthy competition all play a part.

Safe to say the rematch is already being planned.

With EOFY approaching, now’s the time to check whether you can boost super and reduce tax via concessional contributions (employer + salary sacrifice + personal deductible). If your Total Super Balance was under $500,000 at the prior 30 June, you may be able to use unused concessional cap amounts from up to the last 5 years (carry-forward “catch-up” contributions) - and you can see your available amount in ATO online services. (ato.gov.au)

Also worth noting from Tuesday night's Budget: the big tax headlines were elsewhere, and super was largely not the target - including super investors being exempt from the CGT discount changes announced.

If you’re unsure what you can contribute (or when it must hit the fund), it’s worth a quick adviser check-in in the coming weeks.

Your financial world isn’t split into silos — your advice shouldn’t be either.

At One Advisory, we bring accounting and wealth advice together where it matters most.

Because when your advisers are connected:

✔ Strategies align
✔ Opportunities aren’t missed
✔ Decisions become clearer

It’s a more complete view — and a more effective way to plan.

💬 If you’re looking for a more connected approach, let’s talk.

EOFY is the perfect time to check in on your SMSF.

Not just for compliance, but to make sure your strategy is working the way it should.

Here are 5 key questions to ask before year-end:

👉 Is my investment strategy still aligned to my goals and risk tolerance?
👉 Have I met the minimum pension requirements (if applicable)?
👉 Am I on track with contribution caps and timing?
👉 Have I documented all decisions and transactions properly?
👉 Are there any tax planning opportunities I should act on before 30 June?

Small checks now can prevent bigger issues later, and uncover opportunities you might otherwise miss.

If you’d like a second set of eyes on your SMSF before EOFY, we’re here to help.

Get in touch for a quick review.