Brackenbury Green & Owen

11/09/2026

THANK YOU TO OUR SILVER SPONSOR

A very big thank you to Brackenbury, Green & Owen Accountants for their generous support of Blackville Public School’s 150th Anniversary celebrations and cookbook. 💙💛

It was lovely to catch up with Rachel and personally thank her with a little piece of our 150th history, a copy of our ‘Today’s Cooking with Yesterday’s Memories’ community cookbook, along with a sponsor certificate.

The support we have received from our local businesses has been absolutely wonderful and we are so grateful to Brackenbury, Green & Owen for getting behind our little school and helping us celebrate this very special milestone.

Thank you Rachel and the team at Brackenbury, Green & Owen — we truly appreciate your support!

13/05/2026

2026/27 Budget Spotlight: A small win for business

The government has proposed the temporary $20,000 instant asset write-off, available to businesses with a turnover of less than $10 million, will become permanent from the 1st July, 2026.

* these changes will need to be passed through parliament before they become law.

13/05/2026

2026/27 Budget Spotlight: Tax Breaks

From the 2026/27 financial year, the government have proposed the introduction of a $1,000 standard deduction for work related expenses, without the need to keep receipts. Taxpayers claiming the standard deduction will still be able to claim charitable donations, union, and professional association fees as well. Taxpayers wanting to claim more than $1,000 in work related expenses can still do so, but will have to be able to substantiate their claims in the same way they do now.

From the 2027/28 financial year, the government have proposed the introduction of a $250 Working Australians Tax Offset, which will be a permanent annual tax offset for taxpayers deriving income from salary and wages and sole trader businesses.

* these changes will need to be passed through parliament before they become law.

13/05/2026

2026/27 Budget Spotlight: Discretionary Trust Minimum Tax

From 1 July 2028 (i.e., from the 2029 income year), the government has proposed a minimum tax of 30% on taxable income of discretionary trusts. Beneficiaries, other than corporate beneficiaries, will receive non-refundable credits for the tax payable by the trustee.

Beneficiaries who have a taxable income of less than $45,000 would end up paying tax at a higher rate on their trust distribution (i.e. 30%) than they would on the rest of their taxable income.

The minimum tax will not apply to other types of trusts such as fixed trusts, fixed testamentary trusts, complying superannuation funds, special disability trusts and deceased estates. Some types of income, such as primary production income, will also be excluded.

The Government will provide expanded rollover relief for three years from 1 July 2027 for small businesses and others who wish to restructure out of discretionary trusts into another type of entity.

* these changes will need to be passed through parliament before they become law.

13/05/2026

2026/27 Budget Spotlight: Negative Gearing

From 1 July 2027, negative gearing is proposed to be limited to eligible new residential builds, with losses from established properties deductible only against rental income or capital gains from residential properties. Excess losses can be carried forward and are able to be offset against residential property income in future years.

These changes will apply to established residential properties acquired from 7:30 PM (AEST) on 12 May 2026. Properties acquired prior to this time (including contracts entered into but not yet
settled) will be exempt from the changes until disposal.

Properties in superannuation funds and widely held trusts will be excluded, alongside targeted exemptions for build-to-rent developments and private investors supporting government housing programs.

* these changes will need to be passed through parliament before they become law.

13/05/2026

2026/27 Budget Spotlight: Capital Gains

From 1 July 2027, the 50% CGT discount is proposed be replaced by cost base indexation for assets held longer than 12 months. This method adjusts the asset's original cost base for inflation, so only the gain above inflation is taxed. A proposed 30% minimum tax will then apply to net capital gains calculated under this method.

These changes will apply to all assets, including pre-CGT assets, held by individuals, trusts, and partnerships. Income support payment recipients, including Age Pension recipients, will be exempt from the minimum tax.

The only exception to the CGT changes is investors in new residential properties, who will be able to choose either:
• the 50% CGT discount; or
• cost base indexation and the 30% minimum tax.

Transitional arrangements will ensure the changes only apply to gains arising on or after 1 July 2027. The 50% CGT discount will continue to apply to gains that accrued before 1 July 2027 and capital gains on pre-CGT assets that accrued before 1 July 2027 will remain exempt from CGT.

* these changes will need to be passed through parliament before they become law.

12/02/2026

Small businesses are under more pressure than ever right now, with increasing employment compliance requirements and expenses, rising running costs, and lack of government support, especially for rural businesses. If you've got 5 minutes, let the government know what your business is struggling with.

We know businesses are under pressure right now. If things are going to change, government needs to hear what’s happening on the ground. This is your chance to make that happen.

Our Business Conditions Survey takes your real-world experience straight to decision-makers. It helps shape the policies we push for, the funding we fight for, and the support we argue businesses need. What you share becomes the evidence behind our advocacy.

With an election fast approaching, government is setting its priorities now. Your input makes sure those priorities reflect the realities businesses face.

The survey closes 16 February. This is your final chance to have your say.

Take the survey now. https://nam.dcv.ms/tf9b6xQQAf

17/12/2025

With 2025 drawing to a close and the festive season upon us, we would like to extend our best wishes for a Merry Christmas and a New Year filled with peace, joy and prosperity.

We would also like to take this opportunity to thank our valued clients for their continued business and support throughout 2025.

Our office will be closed from 1pm Friday 19th December, 2025 until 9am Monday 5th January, 2026.