The 2026–27 Federal Budget announced a number of significant tax reforms. While the capital gains tax and negative gearing changes received much of the attention, the proposed changes to discretionary trusts are also important for business owners and families who use these structures. Although the proposed minimum tax is not scheduled to apply until 1 July 2028, preparation should begin now.

Three brothers were set to inherit their farmers farm. Read on to see how Ballast Group helped them claim their inheritance.

A self-managed super fund (SMSF) is a private superannuation fund managed by its members. For those suited to an SMSF, the potential benefits can be: greater control over how retirement savings are invested, access to a broader range of investment options, the ability to combine family members’ superannuation balances, greater flexibility when developing retirement and estate-planning strategies and potential tax-planning opportunities within the superannuation environment.