The end of financial year has come and gone. For many Australians, that means it's time to lodge a tax return and move on to the next financial year. For others, it's a chance to reflect on opportunities that may have been missed. Every year there are financial planning strategies that expire on 30 June. Some can still be addressed after year end, but many cannot. Once the deadline passes, the opportunity is gone until the following financial year.

Federal Budgets always create headlines. Tax changes, housing reforms, cost of living support and superannuation updates tend to dominate the conversation very quickly. Once the noise settles, the more important question becomes: What opportunities or risks does this create for me? The 2026 Federal Budget introduced some significant proposed changes, particularly around property investment, capital gains tax and discretionary trusts, while also providing targeted support fo