Here are this month's key tax, business and finance updates
ATO UPDATES
What employers should know
Payday Super is scheduled to start from 1 July 2026. Employers will need to make super guarantee contributions when salary or wages are paid, rather than waiting until quarter end.
The Treasury page notes employers will generally have 7 days for the contribution to reach the employee fund after payday.
PROPERTY
Repair and Maintenance vs Capital
For rental properties, the difference between repairs and capital improvements still matters. Repairs are often deductible immediately, while capital works or improvements are generally claimed over time.
Initial repairs on purchase are a common error area and may not be immediately deductible.
Common examples include a new kitchen, bathroom renovation, full roof replacement, or replacing an entire fence.
FINANCING
March RBA Update
The Reserve Bank increased the cash rate by 25 basis points in March 2026, bringing the cash rate to 4.10%.
With interest rates remaining a key factor, it may be a good time to review your current position — particularly if you are thinking about refinancing or purchasing a property.
Before making any decisions, it's worth considering:
- Your current cash flow and borrowing capacity
- How your income and tax position may impact lending
- Whether the structure of the purchase is appropriate for your situation
If you are thinking about buying, selling or refinancing, it is worth speaking to your accountant first. We can help model your personal cash flow so you can compare your options and better understand what may suit your situation before making a decision. We also partner with mortgage brokers so our clients receive optimal advice across both tax and lending decisions.