New identity verification requirements - What you need to know
From 1 July 2026, new Australian laws require accounting firms like ours to verify the identity of our clients before providing certain services. This is a legal requirement — not a change to how we work with you — and most people will find it quick and simple.
Australia has extended its Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) legislation to cover a broader range of professional services, including accounting. These changes are part of a broader effort to bring Australia in line with global standards and ensure our financial system remains transparent and secure.
Federal Budget 2026-27
The 2026–27 Federal Budget introduces some of the most significant proposed tax reforms Australia has seen in decades.
The Government’s focus is centred around housing affordability, reducing tax concessions for existing property investors, increasing support for workers, and restructuring long-standing taxation arrangements involving capital gains and discretionary trusts.
While many of these announcements are still proposals and have not yet been legislated, the changes could significantly impact investment decisions, property purchases, business structures, and long-term wealth planning strategies.
Super Changes Coming in July 2027 - PayDay Super
Super Changes Coming from July 2026: What You Need to Know About Payday Super
From 1 July 2026, one of the biggest changes to Australia’s superannuation system in years will officially begin.
Known as “Payday Super”, the new rules will change when employers must pay superannuation contributions for employees.
While super is currently paid quarterly for most workers, from July 2026, employers will be required to pay super within 7 business days of each payday instead.
For employees, this means faster super contributions and better visibility over unpaid super.
For businesses, however, the changes may significantly impact payroll systems, administration processes, and cashflow management.
Here’s what you need to know.
Superannuation Update 2026
Manager - Superannuation Services at Lee Green
SMSF Specialist Advisor™
As we approach the commencement of the 2026–27 financial year, there are several significant changes to superannuation coming into effect on 1 July 2026 that may impact your superannuation planning and strategy.
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