Edney Ryan Wealth Management

From 1 July 2026, significant changes to Australia’s anti-money laundering (AML) and counter-terrorism financing (CTF) laws will affect how professional advisers, including both lawyers and accountants, work with their clients. Why these changes are being introduced These reforms are designed to prevent criminals from using legitimate services, such as property transactions, business structures, and large financial dealings, to move illicit... Read more

What a difference a year (and an election) makes! When the 2025 Budget was delivered it was only a few weeks before a Federal Election. I was cynical when changes hadn’t been made to CGT, Negative Gearing, or the Taxation of Trusts. So, we went to an election on the Treasurer and PM’s promise that if re-elected, the Government would... Read more

For many years, our firm has had the privilege of supporting families across accounting, legal, wealth management, and mortgage and finance services. Over the past decade, Edney Ryan Wealth Management has experienced significant growth, while the financial advice landscape has become increasingly complex, with heightened compliance, research, and regulatory demands. It became clear that the long-term interests of our wealth... Read more

Home prices in Sydney have increased by 10.6 per cent over the last 12 months with a median dwelling price now more than $1.1 million (CoreLogic, March 2024). Whilst Shane Oliver argues that property in all cities is currently overvalued on the basis of the average 2.7% rental returns, he also acknowledges that house prices are unlikely to correct in... Read more

From 1 July 2024, superannuation contribution caps will rise for the first time in three years following data from the ABS showing strong wages growth. Concessional Contributions ·         The annual concessional contribution cap is increasing from $27,500 to $30,000 from 1 July 2024. ·         The Superannuation Guarantee rate also increases from 11 per cent to 11.5 per cent from 1... Read more

1. Super Guarantee Rate Increase From 1 July 2023 the new super guarantee (SG) rate is 11%, increased from 10.5% last financial year. Business owners will need to ensure that payroll and accounting systems are updated. The ATO’s SG calculator helps employers work out the correct amount of super payable to their staff. Employees can utilise the ATO’s super estimator... Read more

Last night the Treasurer handed down his second budget in seven months. My assessment of his first budget in October ’22 was “solid, nothing brilliant, but sound and steady”. At that time, the forecast included a 22/23 deficit and increasing unemployment. Albeit with the benefit of hindsight it is hard to comprehend how Treasury and the Reserve Bank could be... Read more

There are a number of superannuation changes that will take effect from 1 July, 2022. Superannuation Guarantee: Increase in super guarantee percentage – Super Guarantee (SG) increases from 10% to 10.5%. It will continue rising 0.5% each year until it reaches its final rate of 12% on 1 July 2025. Removal of the $450 monthly superannuation guarantee threshold – The... Read more

Sustainable investing has become a major focus for investors globally, with a third of all investable assets predicted to be managed with this approach by 2025. Environmental, Social & Governance Otherwise known as ESG investing, sustainable investing is the practice of considering environmental policies, social implications and corporate governance in addition to the traditional financial and operational metrics, when making... Read more

Legislation has finally been passed to give effect to the key superannuation changes proposed in the 2021 Federal Budget. The legislated changes include: Removal of the work-test requirement for non-concessional contributions and salary sacrifice contributions, for individuals aged between 67 and 75. Extending eligibility to make non-concessional contributions under the bring-forward rule to individuals aged under 75 at the beginning... Read more