UPDATES

LRBA on Business Real Property

PAYDAY SUPER

Restrictions for SMSFs from entering LRBA arrangements will apply exclusively for purchases of business real property only. This will take affect on or after 10 August 2026.

Business real property refers to any land and building used wholly and exclusively for business purposes.

Arrangements prior to this period, purchase contracts and existing LRBA arrangements still applies.

Details can be viewed in ATO link by clicking on the image.

Effective July 1, 2026, super guarantee contributions (or employer super contributions) must be paid within 7 business days from payroll date. Non-compliance will incur 25% or 50% penalty of "unpaid super guarantee depending on any prior penalties."

For more details click on the image at the top to access the ATO link for more details.

CGT & NEGATIVE CHANGES

50% CGT discount will be replaced with an inflation-based indexation model, introducing a 30% minimum tax rate on capital gains, that will apply to gains accruing from July 1, 2027 for individuals, trusts and partnerships.

Negative gearing will only apply to new builds.

Properties held on or before May 12, 2026 will not be affected by the new law on negative gearing.

Details may can be found in ATO website by clicking the image.