Happy New Financial Year

As we greet the new financial year today, it feels somewhat bittersweet.  We enter the last year where entrepreneurs, businesses, mums and dads and young people just starting their working lives, can enjoy success without being taxed into submission.

Thanks to Albo, Jim and their friends in the Green’s, we must now succeed to fund those who cannot and will not.  I happily support many charities, community groups and organisations voluntarily.  I do object to being taxed to fund the waste, excess and ridiculous policies that the Government of today seems to put above the welfare of everyday Australians.

At 30 June 2025 there were 2,729,648 actively trading businesses in the Australian economy, with 994,178 of these businesses being employers and 91.5% of them with turnovers of less than $2 million.  Small business is what drives the economy.

Without a Government who wants to support business and the self-made person, we have to shift, adapt and restructure to ensure we retain what we have worked so hard to build.  Thankfully, there is an opportunity to do just this, and that will be the focus for the coming 12 months.

Once the 2026 Federal Budget is passed and legislated, the financial and taxation landscape will become a little clearer. 

I will contact you to discuss the next steps in making sure your structure is best suited to your situation, needs and goals. 

As always, you can reach out at any time via email andrea@hinterlandaccounting.com.au or by phone during business hours on 0417605910.

Talk Soon

Andrea