OBT Financial Group

03/06/2026

Have you received a letter that looks like an ASIC invoice demanding payment for a company review?

You’re not alone. ASIC has recently warned Australian businesses about unsolicited letters and emails from third-party providers that can appear official, use ASIC-sourced public information, include reference numbers, QR codes and payment deadlines, and sometimes offer “early payment discounts”.

If you receive correspondence that doesn't look quite right, contact OBT’s administration team before making payment. A quick phone call could save your business an unnecessary expense.

While these businesses may be offering a legitimate service, ASIC has confirmed that companies are not required to use a third-party provider to complete their annual company review or business name renewal. These obligations can be handled directly through ASIC or your existing registered agent.

Before paying any invoice or notice:
⚠️ Check who sent it
⚠️ Confirm if the fee includes a third-party service charge
⚠️ Verify due dates independently through ASIC or your accountant
⚠️ Be cautious of urgent language, discounts and payment requests that create pressure to act quickly

Read more in explainer article: https://www.news.com.au/lifestyle/real-life/news-life/asic-responds-to-letter-targeting-aussie-businesses/news-story/3f842aeed37592bf175a11ce7b9488ea

02/06/2026

Minimum pension drawdown reminder 🤞
If minimum payments are not made by 30 June 2026, this could result in adverse taxation consequences for SMSF members.
https://www.ato.gov.au/individuals-and-families/super-for-individuals-and-families/self-managed-super-funds-smsf/smsf-newsroom/minimum-pension-drawdown-reminder

Call OBT's SMSF Specialists on 5462 2277 to get organised.

28/05/2026

There’s been no shortage of changes for business owners lately, and many of them are starting to overlap.

Our latest OBT Business Bites covers several updates businesses should be aware of heading into EOFY, including Payday Super preparations ahead of 1 July, the closure of the ATO’s SBSCH service, SMSF minimum pension reminders, Budget measures and recent scam activity targeting taxpayers.
https://mailchi.mp/79851a7fbb56/obt-business-bites-newsletter-may2026-13886826

For many regional businesses, the challenge isn’t just understanding the rules — it’s finding the time to stay ahead of them before deadlines arrive.

Getting payroll systems, super processes and EOFY records reviewed now will help avoid unnecessary pressure later in June.

26/05/2026

Busting Payday Super myths before 1 July 2026 💥
With only a short time before Payday Super takes effect, employers and super fund members are being encouraged to plan ahead and review all payroll systems and super processes.

Fact or fiction? Find out here:
https://www.ato.gov.au/media-centre/fact-or-fiction-busting-payday-super-myths

21/05/2026

There were no direct super changes in the Budget.
Importantly, SMSFs and other super investors will be exempt from the proposed CGT discount changes, while updates include changes to the super performance test and overseas pension supplement arrangements.
https://www.superguide.com.au/super-booster/federal-budget-2026-overview -pension-supplement-overseas-recipients

Contact OBT Financial Planning on 07 5462 2277 for SMSF and wealth planning advice.

Jim Chalmers hailed his fifth Federal Budget as “the most important and ambitious Budget in decades”. While there were a number of significant tax reform measures, from a super perspective there are practically no changes.

18/05/2026

From 1 April to 30 June 2026, the fuel tax credit rate for petrol and diesel is 20.6 cents per litre.
This change is due to the 60.9% temporary reduction in fuel excise.
👉 If you claim fuel tax credits, this update may affect your next BAS.
Call OBT in Gatton or Esk for BAS help 5462 2277.

From 1 April to 30 June 2026, the fuel tax credit rate for petrol and diesel is 20.6 cents per litre.

This change is due to the 60.9% temporary reduction in fuel excise.

👉 If you claim fuel tax credits, this update may affect your next BAS.

Not sure what rate applies to you?

✅ The easiest way to get your claim right is to use our fuel tax credit calculator. It’s been updated with the new rates for this period.

Check below for more info!

14/05/2026

The 2026–27 Federal Budget has landed — and it brings major implications for businesses, investors and employers across Australia.

Whether you’re planning investment decisions, reviewing structures or preparing for future cash flow impacts, now is the time to understand what these changes could mean for your business.

Read the official Budget business overview here:

The 2026–27 Budget was announced on 12 May. Find out what's available and what it means for your business.

12/05/2026

Your numbers often reveal more than your marketing does.
By analysing which customers create the most value and run most efficiently, businesses can sharpen their growth strategy, improve profitability and attract more of the right work.

https://obtfinancialgroup.com.au/business-advice/how-your-most-valuable-customers-can-shape-business-growth-strategy/

Working with an accountant who is also a specialist business advisor to provide specific management advice makes a lot of sense, yet only a few firms are qualified and confident enough to do so. OBT’s business consultants have been doing business advisory for our clients for a number of years. Contact OBT’s friendly Business Solutions team in Gatton or Esk on 07 5462 2277.

Analysing which customers create most value most efficiently, sharpen business growth, improve profitability and attract the right work.

07/05/2026

Here are 4 practical strategies almost any business can apply to improve efficiency, productivity, profitability and long-term growth.
https://obtfinancialgroup.com.au/business-advice/strengthen-business-efficiency-productivity-and-performance/

To refine your operations and build a more efficient, productive business, contact the friendly OBT Business Solutions team in Gatton or Esk to get underway.

Here are four practical strategies almost any business can apply to improve efficiency, productivity, profitability and long-term growth.

05/05/2026

Deploying technology without a strategy can actually hold back a business.
Here are 7 best practices:

Deploying technology without a strategy can actually hold back a business. Here are 7 best practices.