Introduction Division 296 is now law. The new superannuation tax passed both Houses of Parliament and applies from the 2026-27 income year, which started on 1 July 2026. It is designed to reduce the concessional tax treatment available to very large superannuation balances. For high-income professionals, medical specialists, legal professionals,
Introduction The Australian property market in 2026 is proving to be a landscape of both challenge and opportunity. While we have navigated a period of shifting economic winds, many homeowners find themselves in a peculiar position: holding onto a mortgage that feels increasingly out of sync with the current market.
Buying a home in Sydney’s Inner West is a major financial decision, and one of the first questions many buyers ask is: How much deposit do I need to buy a home? There is no single deposit amount that applies to every buyer. Your required deposit can depend on the
Being self-employed in Sydney does not automatically mean you will have difficulty getting a home loan. However, applying for a mortgage when you own a business, work as a contractor or have a less traditional income structure can involve more preparation than a straightforward PAYG application. Lenders need to understand
Home Loans for Business Owners: How Lenders Assess Business Income Running a successful business does not always make applying for a home loan straightforward. Unlike an employee receiving a regular PAYG salary, a business owner may receive income through salary, business profits, dividends, distributions or a combination of different sources.
How Do Lenders Assess Complex Income for a Home Loan in Australia? Not everyone earns a simple fixed salary. You might receive a base salary plus bonuses, work overtime, earn commissions, contract for several organisations, receive partnership distributions, run a business or combine employment income with rental and investment income.
