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Inside this month:
- Personal Tax Cuts: From 1 July 2026, personal income tax rates will change
- Super Guarantee Rules Catch Up with Venues & Gyms: The Superannuation guarantee rules are broad and, in some circumstances, extend beyond the definition of common law employees to some directors, contractors, entertainers, sports person and other workers
- The Proposed Ban on Non-Compete Clauses: In the 2025-26 Federal Budget the Government announced a ban on non-compete clauses and “no poach” agreements.
- Threshold for Tax-Free Retirement Super Increases: The amount of money that can be transferred to a tax-free retirement account will increase to $2m on 1 July 2025
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