AustAsia Group

19/03/2026

🏡 Boost your super before retirement with the downsizer contribution

If you’re aged 55 or over and considering selling your home, there may be a valuable opportunity to strengthen your retirement savings.

The downsizer contribution allows eligible individuals to contribute up to $300,000 (or $600,000 per couple) from the sale of their home directly into super, without the usual contribution caps or work test restrictions.

In our latest article, we explain:

✔️ Who is eligible for the downsizer contribution
✔️ How much you can contribute
✔️ Key timing rules and requirements
✔️ Important considerations before making a decision

This strategy can be a powerful way to boost your super balance as you approach retirement, but it’s important to get the details right.

👉 Read the full article here:

https://www.austasiagroup.com/news/investments/boost-your-super-retirement-savings-downsizer-contribution/

If you’re thinking about selling your home or want to understand how this strategy could benefit you, reach out to us today. As always, we’re here to help!

Aged 55 or more? Downsizing your home might be good for you.

18/03/2026

Great to be at the UWA Careers Fair 👋

It was fantastic meeting so many students and chatting about careers in accounting, finance and taxation, along with internship opportunities at AustAsia Group.

Thanks to everyone who stopped by!

06/03/2026

Great meeting so many students at the Curtin University Careers Fair today 👋

Thanks to everyone who stopped by the AustAsia Group booth to chat about careers in accounting, finance and taxation and our internship opportunities.

15/02/2026

🏖️ The ATO is focusing on holiday homes – what owners need to know

If you own a holiday home or investment property that’s occasionally rented out, the ATO is paying closer attention this year.

In our latest article, we cover:

✔️ What the ATO is reviewing
✔️ Common mistakes property owners make
✔️ How to correctly apportion expenses between private and rental use
✔️ What records you need to keep
✔️ How to stay compliant and avoid penalties

Read the full article here:
https://www.austasiagroup.com/news/accountingtax/the-ato-is-focusing-on-holiday-homes-what-owners-need-to-know/

If you’re unsure whether your holiday home arrangements are compliant, now is the time to review them. As always, we're here to help. Reach out to us for tailored advice specific to your situation.

The ATO has recently updated its guidance on how it interprets the law in regards to holiday homes

11/02/2026

This morning, we had an uplifting start to the day at the Curtin Industry Breakfast, spending time with industry reps, meeting the Curtin team, and checking out the student project showcases.

30/01/2026

🚗 Novated Lease: Is it the right choice for you?

With the cost of living and vehicle expenses continuing to evolve, our clients often ask us whether a novated lease still makes financial sense.

We’ve just published a new article that breaks down:

- What a novated lease is
- The potential benefits and considerations
- Who it may (and may not) be suitable for

If you’re considering a new vehicle or want to better understand your options, this is a great place to start.

https://www.austasiagroup.com/news/finance/novated-lease-is-it-the-right-choice-for-you/

As always, our team is here to help you make informed financial decisions.

Convenient, tax-smart, but only when circumstances fit.

16/12/2025

🎄 Festive Season Office Closure Notice 🎄

As the year draws to a close, we’d like to thank our valued clients and partners for your continued support throughout 2025.

Please note that our office will be closed for the festive period, with our last day of business on Thursday 18 December 2025. We will be reopening on Tuesday 6 January 2026.

We wish you and your families a safe, relaxing and enjoyable festive season, and we look forward to working with you again in the new year.

✨ Happy Holidays and see you in 2026! ✨

12/12/2025

Thank you to everyone who joined us at our sundowner last week.

It was a fantastic evening, and we truly appreciated seeing so many of our clients come together.

We’re grateful for your ongoing support throughout the year — the relationships we’ve built and the trust you place in us mean so much.

Wishing you and your families a very Merry Christmas and a prosperous 2026!

11/12/2025

📣 Payday Super is coming — are you ready? 📣

The rules around superannuation are changing, and many businesses will need to adjust the way they process payroll. We have provided an update on what Payday Super means, who it affects, and the steps employers should take to stay compliant.

If you’d like to understand how the new requirements may impact your business, you can read our latest article here:

👉 https://www.austasiagroup.com/news/accountingtax/payday-super-the-details/

As always, if you need guidance or support preparing for these changes, we are here to help.

‘Payday super’ will overhaul how super is administered. Here are the initial details.

15/10/2025

⚖️ Division 296 Changes to the Proposed Legislation: What You Need to Know

The government has introduced key changes to tax legislation affecting individuals with super balances over $3 million. The new rules, effective from 1 July 2026, will focus on taxing realised earnings (interest, dividends, capital gains from sold assets), not on unrealised gains that haven’t been actualized.

🔑 What’s changing?
Tax rates on realised earnings: 15% for balances between $3M–$10M and 25% for those over $10M.

The thresholds for these taxes will now be indexed to the Consumer Price Index (CPI) to prevent "bracket creep."

These changes align super fund taxation more closely with how other investments are taxed.

💼 Why is this better?
This approach is fairer and ensures that only actual income your super has earned will be taxed — no more taxing on “paper profits.” It’s also more predictable, avoiding a growing number of people being impacted by the tax over time.

📅 What should you do?
If your super balance is below $3 million, these changes won’t affect you. But if you’re above or approaching the threshold, it’s important to plan ahead and understand how these changes might impact your tax position from 2026 onwards.

👉 Reach out to us today for advice on how to best navigate these changes and protect your super balance.

The government will implement changes to its proposed tax on large super balances

12/10/2025

🕵️‍♂️ When was the last time you reviewed your super? Small changes, big impact.

Many Australians rarely check their super statements — but a simple review could make a huge difference to your long-term wealth.

📋 These small mistakes could quietly cost you big over time:
- Paying unnecessary fees across multiple accounts
- Remaining in underperforming or outdated funds
- Missing out on employer contributions or tax deductions
- Overlooking insurance premiums that quietly eat into your balance

Your super isn’t just “set and forget” — it’s one of your most powerful tools for financial independence. Taking a few minutes now to review your fund’s performance, fees, and investment strategy could mean thousands more in retirement.

👉 If you’d like help reviewing your super or understanding how to make it work harder for you, reach out to us today.

Are you an Australian that leaves your super annual statement unread?