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From 1 July 2026, the enacted measure applies additional tax to certainEarningsattributable to portions of total superannuation balances above relevant thresholds. For SMSFs, where trustees and their accountants manage the underlying records, the accuracy and timing of financial information becomes increasingly important.

The accumulation phase rewards patience and consistent investment. Markets rise over time, contributions compound, and a long horizon smooths outVolatilityso that a bad year is just a bump on a long road. The decumulation phase reverses several of those advantages at once: the horizon …

Under the governingSuperannuationregulations, a fund's investment strategy must be formulated and given effect having regard to the whole circumstances of the fund. That includes the risk and likely return of the fund's investments, theDiversificationof its assets, the fund'sLiquidityand its ability to discharge existing and …

The change works through the limited recourse borrowing arrangement, the only lawful way an SMSF can borrow to buy a large asset. Under an LRBA, the fund borrows to acquire a single asset held in a separate holding trust, and the lender's recourse is …

Tax-effect accounting recognises not just the tax a fund owes now, but the tax it is expected to pay or save in the future because of differences between the accounting and tax treatment of its assets. The most common example in an SMSF is …

On 15 July 2026, Class introduced two AI-powered solutions designed to reduce administrative burden and improve client engagement. According to the company, one focuses on turning fund data into clearer client-facing reporting, and the other on speeding up the reconciliation of transactions, which is …

An SMSF's records must capture every relevant transaction and holding accurately, and much of that information originates outside the fund's own accounts. Share registries hold details of registered ownership, dividends and corporate actions; banks hold cash movements. Assembling this data manually is slow and …