The Federal Treasurer, Dr Jim Chalmers, handed down the 2025–26 Federal Budget at 7:30 pm (AEDT) on 25 March 2025.

The Federal Treasurer, Dr Jim Chalmers, handed down the 2024–25 Federal Budget at 7:30 pm (AEST) on 14 May 2024.

The personal income tax cuts legislated to commence on 1 July 2024 will be realigned and redistributed under a proposal released by the Federal Government.

The superannuation guarantee charge (SGC) applies when employers don’t pay the minimum amount of superannuation guarantee (SG) for their eligible employees to the correct fund by the due date. The minimum SG is calculated as a percentage of each eligible employee’s earnings (ordinary time earnings) to a complying superannuation fund or retirement s...

Electricity is in - Gas and other fossil fuels are out. A new, limited incentive nudges business towards energy efficiency.

On 28 February 2023, the Government announced from 1 July 2025 a 30% concessional tax rate will be applied to future earnings for superannuation balances above $3 million. A significant jump of 15%. The Treasury has now released draft legislation to enact the Government’s plan to increase the tax rate on earnings on superannuation balances above $...

Ruddicks has seen a recent spike in MyGov scams, and viral ‘hacks’ to make fraudulent claims have shed light on an ever-growing problem in Australia.

The ATO has recently released tax guidance (PCG 2023/1) on claiming tax deductions for working from home. It is important to be aware of these changes so that you can keep the appropriate records to maximise your tax claims in your 2023 Tax Return. In particular, you need to keep accurate records of the actual hours you spend working from home sta...

The 2023 Federal Budget was announced on Tuesday 9 May 2023, with a focus on cost-of-living relief and modernising our economy. See below for the key tax and superannuation changes for individuals.

The 2023 Federal Budget was announced on Tuesday 9 May 2023, with a focus on cost-of-living relief and modernising our economy. See below for the key tax and superannuation changes for business owners.