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The Practice

We’re an integrated team of solution-based advisers that work in harmony to make your overall business and personal wealth goals a reality.

We’re driven by one overarching focus: to liberate your lifestyle. Our 'why': Liberating people's lifestyles

13/07/2026

Auctions can be one of the most high-pressure moments in the property buying process. But a lot of that pressure comes down to preparation.

In today’s video, Rob sits down with Craig to talk through what to expect at auction and the role a lending adviser plays in making sure you walk in knowing exactly where you stand.

At The Practice, our lending team works with clients to get finance sorted before auction day so you can bid with confidence.

Get in touch with our team today.
📞 03 8888 4000
🌐 thepractice.com.au

08/07/2026

Life doesn’t always go to plan, and when it doesn’t, knowing your options makes all the difference.

Craig shares how The Practice recently helped a client re-enter the property market after a separation, through the single parent stream of the Australian Government’s 5% Deposit Scheme, which allows eligible single parents to purchase a home even if they’ve owned property before.

At The Practice, we work closely with family lawyers to help clients understand their financial position before signing any separation or financial agreement, so they can move forward with clarity on what’s possible.

Get in touch with our team today.
📞 03 8888 4000
🌐 thepractice.com.au

01/07/2026

If your SMSF strategy includes residential property borrowing, this is something you need to be across.

The Treasury Laws Amendment (Tax Reform No. 1) Bill 2026 has received Royal Assent, formally banning SMSFs from entering new Limited Recourse Borrowing Arrangements for residential property.
The ban takes effect on 10th August 2026.

Existing arrangements are fully protected and can run to their natural completion. If you have a contract in the pipeline, the date of exchange is what determines whether you are covered. Commercial property borrowing remains completely unaffected.

This is one of the most significant changes to SMSF investment rules since LRBAs were first introduced in 2007. If you are unsure how this affects your fund or your broader investment strategy, our team can help you work through it.

Book a FREE Discovery Session today.
📞 03 8888 4000
🌐 https://www.thepractice.com.au/

29/06/2026

Payday Super is one of the biggest changes to the Australian superannuation system in years.

Starting 1 July 2026, super must be paid on the same day as wages, replacing the existing quarterly payment system. This has significant implications for cash flow, payroll processes, and compliance, and it applies to every employer in Australia regardless of size.

Not sure how this affects your business? Our team can walk you through it.
Book your free Discovery Session today. https://www.thepractice.com.au/

24/06/2026

We asked our team what every client should be thinking about before 30 June, from changes in personal circumstances to business structure and upcoming expenses. Watch to hear what they had to say.

At The Practice, our team works with both individuals and business owners to make sure nothing gets missed before EOFY.

Book your FREE Discovery Call with us today.
https://www.thepractice.com.au/your-financial-advisor-in-melbourne/

📞 03 8888 4000
🌐 thepractice.com.au

18/06/2026

We’re back with another

Today, we’re following Marlon, our Tax Manager 💼

19/05/2026

We have been getting some great questions in our inbox lately, so we figured why not answer them here.

From EOFY preparation and tax opportunities to managing irregular income and avoiding year-end surprises, we cover it all in this one.

Have a question?
👇Drop it in the comments and we will do our best to answer it next time.

13/05/2026

Last night's Federal Budget brought what the Treasurer described as the most significant tax reform in more than 25 years.

Here's what was announced:
👉🏻 30% minimum tax on discretionary trusts (from 2028)
👉🏻 50% CGT discount replaced with indexation + 30% minimum tax (from 2027)
👉🏻 Negative gearing limited to new builds
👉🏻 Permanent $20,000 instant asset write-off for small businesses
👉🏻 EV FBT exemption phasing out from 2027
👉🏻 New $250 tax offset and $1,000 instant deduction for individuals

Most of these measures still need to pass through the Senate before they become law and the biggest changes don't start until 1 July 2027 or later.

Nothing changes tomorrow.

We've put together a full breakdown on the blog covering each measure in detail.

Read it here 👉🏻 https://www.thepractice.com.au/federal-budget-key-tax-changes/

12/05/2026

From 1 July 2026, super earnings above $3 million will attract an additional 15% tax. If you are a business owner, high-income earner, or approaching retirement with a sizeable super balance, Division 296 affects you.

📲 Save this post or share it with someone who needs to see it.

Not sure where you stand?
Speak to our team of experts today.

https://www.thepractice.com.au/

08/05/2026

30 June is just around the corner and the enquiries have been coming in.

Between EOFY tax planning, super contributions, Division 296 and more, there is a lot to address before 30 June.

Rest assured, our team is across all of it.
Need an adviser?
Reach out at thepractice.com.au

Address

Level 10, 369 Royal Parade
Parkville, VIC
3052

Website

http://thepractice.com.au/contact/

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