PSK Macarthur - Paul and David

18/05/2026

📢 SUPERANNUATION UPDATE (from 1 July 2026)

Important changes are coming to superannuation from 1 July 2026 that may affect your retirement planning:

💰 Contribution caps increasing

Concessional (before-tax) cap: $32,500
Non-concessional (after-tax) cap: $130,000

📈 Bring-forward rule (non-concessional contributions)
Eligible Australians may be able to “bring forward” up to 3 years of non-concessional contributions, allowing a total of up to:
➡️ $390,000 in a single year (subject to total super balance limits)

This strategy can be useful if you’re:
✔ Selling assets
✔ Receiving an inheritance
✔ Boosting retirement savings in a lump sum

⚡ Transfer balance cap increases

From $2.0m → $2.1m

⚡ “Payday Super” begins

Employers must pay super at the same time as wages (in most cases), improving timeliness of contributions.

📊 These changes may create new opportunities to grow your super — but contribution strategies should be reviewed carefully before making decisions.

13/05/2026

📢 Federal Budget Update – What It Means for You

The latest Federal Budget has introduced some of the most significant changes to the Australian tax and investment landscape in years. Here are a few key takeaways:

💼 Tax Relief for Workers
A new $250 annual tax offset has been announced for working Australians (from 2027–28).
A $1,000 instant tax deduction for work-related expenses will also be available, simplifying tax time.

🏠 Changes to Property & Investment Rules
Negative gearing will be restricted to new properties only from 1 July 2027.
The capital gains tax (CGT) discount will move away from the 50% rule to an inflation-based system, with a minimum tax rate of 30% on gains.

📊 Impact on Investors & Wealth Planning
These reforms are designed to rebalance the system toward workers and first home buyers, while reducing tax advantages for certain investments.
Existing investments (held prior to budget night) are generally grandfathered, meaning current arrangements may remain unchanged.

🏢 Support for Small Business
The $20,000 instant asset write-off is set to be made permanent for eligible businesses.

✅ What’s important:
While many of these changes don’t take effect immediately, they may have a significant impact on future planning decisions—particularly around property, tax strategy, and superannuation contributions.

If you’re considering any financial decisions over the next 12–24 months, now is a good time to review your strategy.

📩 Feel free to reach out if you’d like to understand how these changes may affect your personal situation.

09/05/2026

25/04/2026

Today we pause to remember those who gave so much for our future.

Lest we forget.

04/04/2026

Happy Easter from the team at PSK Macarthur

Dont forget daylight savings finishes tonight

25/03/2026

It’s natural to feel uneasy during market ups and downs, but staying focused on the long term is the key to successful investing.

12/02/2026

Financial success isn’t about luck — it’s about avoiding common mistakes and having the right strategy.

In this video, David highlights 5 money mistakes that could be holding you back.

If you’d like clarity, confidence, and a clear financial plan, book a conversation with our team today.

16/01/2026

If you’re in a lucky position to help family while you’re still here to see the benefits, early gifting may be worth exploring.

A little planning upfront can help ensure your generosity works the way you intend.

18/12/2025

What you need to know about aged care decisions and fees