16/09/2026
💰 TAX & FINANCE UPDATE | SEPTEMBER 2026 🇦🇺
With the cost of living, interest rates and tax obligations continuing to put pressure on Sydney households and businesses, here are a few important updates worth knowing this month.
📈 INTEREST RATES — ALL EYES ON THE RBA
The RBA cash rate currently sits at 4.35%, with the next interest-rate decision scheduled for 29 September 2026.
Inflation remains above the RBA’s target range, so borrowers should continue to factor higher financing costs into household and business cash-flow planning.
🏢 SMALL BUSINESS — $20,000 INSTANT ASSET WRITE-OFF
Thinking about purchasing equipment or other assets for your business?
The ATO has recently highlighted the $20,000 instant asset write-off and the eligibility rules that determine whether a small business can claim an immediate deduction.
Before making a purchase purely for a tax deduction, speak with your accountant to make sure the asset and timing meet the relevant requirements.
💼 PAYDAY SUPER IS HERE
From 1 July 2026, employers are required to pay employees’ Super Guarantee contributions on payday, rather than under the previous quarterly payment system.
Super Guarantee is calculated at 12% of qualifying earnings, and employers need to ensure their payroll and cash-flow processes are keeping up with the new requirements.
📊 GST & PAYG INSTALMENTS
For the 2026–27 income year, the GDP adjustment factor used in calculating certain quarterly GST and PAYG instalments has increased to 5%.
For business owners, this makes proactive cash-flow and tax planning even more important.
🏠 SYDNEY HOUSEHOLDS & BUSINESS OWNERS
With interest rates remaining elevated and tax and super rules continuing to change, now is a good time to review:
✅ Tax planning and deductions
✅ Business cash flow
✅ PAYG and BAS obligations
✅ Superannuation compliance
✅ Business structures and asset purchases
📞 CT Accountants Australia
Need help understanding how the latest tax and financial changes affect you or your business?
Contact our team for professional advice tailored to your circumstances.