AustAsia Group

💼 Intermediate Investment Accountant – Wealth Management & Protection | AustAsia Group 💡 Ready to take the next step in your Wealth Management career? We’re looking for an experienced Intermediate Investment Accountant to join our dynamic Wealth Management and Protection Team at AustAsia Group in West Perth. In this key role, you’ll manage investment portfolios, mentor junior staff, and play a vital role in implementing advice strategies that help clients achieve their financial goals. 🌟 What we offer: -Career progression with structured professional development -Exposure to diverse client portfolios across investments and superannuation -Collaborative, experienced team environment -Competitive salary with annual reviews and performance incentives -Access to EAP and a culture that embraces innovation and growth If you’re passionate about wealth management and ready to make an impact, we’d love to hear from you! 👉 Apply now via SEEK: https://lnkd.in/dWp3wxBJ

💼 Graduate Investment Accountant & Financial Services Officer – Wealth Management & Protection | AustAsia Group 🚀 Kickstart your career in Wealth Management! Are you a recent commerce or financial planning graduate ready to launch your professional journey? Join AustAsia Group’s Wealth Management and Protection Team in West Perth and gain hands-on experience in investments, client management, and financial planning — all while learning from some of Perth’s most trusted professionals. 🌟 What we offer: - Direct mentorship from senior advisers and accountants - Ongoing training and CPD opportunities - Clear career progression pathways - Competitive salary and wellbeing support via our EAP - A collaborative, supportive culture in a well-established firm If you’re detail-oriented, proactive, and eager to build a long-term career in wealth management — we’d love to meet you! 👉 Apply now via SEEK https://lnkd.in/dpc-vxAx

⚖️ Division 296 Changes to the Proposed Legislation: What You Need to Know The government has introduced key changes to tax legislation affecting individuals with super balances over $3 million. The new rules, effective from 1 July 2026, will focus on taxing realised earnings (interest, dividends, capital gains from sold assets), not on unrealised gains that haven’t been actualized. 🔑 What’s changing? Tax rates on realised earnings: 15% for balances between $3M–$10M and 25% for those over $10M. The thresholds for these taxes will now be indexed to the Consumer Price Index (CPI) to prevent "bracket creep." These changes align super fund taxation more closely with how other investments are taxed. 💼 Why is this better? This approach is fairer and ensures that only actual income your super has earned will be taxed — no more taxing on “paper profits.” It’s also more predictable, avoiding a growing number of people being impacted by the tax over time. 📅 What should you do? If your super balance is below $3 million, these changes won’t affect you. But if you’re above or approaching the threshold, it’s important to plan ahead and understand how these changes might impact your tax position from 2026 onwards. 👉 Reach out to us today for advice on how to best navigate these changes and protect your super balance. https://lnkd.in/g6paYB94

🕵️♂️ When was the last time you reviewed your super? Small changes, big impact. Many Australians rarely check their super statements — but a simple review could make a huge difference to your long-term wealth. 📋 These small mistakes could quietly cost you big over time: - Paying unnecessary fees across multiple accounts - Remaining in underperforming or outdated funds - Missing out on employer contributions or tax deductions - Overlooking insurance premiums that quietly eat into your balance Your super isn’t just “set and forget” — it’s one of your most powerful tools for financial independence. Taking a few minutes now to review your fund’s performance, fees, and investment strategy could mean thousands more in retirement. 👉 If you’d like help reviewing your super or understanding how to make it work harder for you, reach out to us today. https://lnkd.in/g3Enf7Ew

📢 Superannuation Guarantee Changes – What Employers and Employees Need to Know From 1 July 2025, the Superannuation Guarantee rate increased to 12%. Employers must ensure contributions are received by their employees’ super funds by the quarterly due dates: Q1 (Jul–Sep): due 28 Oct Q2 (Oct–Dec): due 28 Jan Q3 (Jan–Mar): due 28 Apr Q4 (Apr–Jun): due 28 Jul Missing a deadline, even by one day, can trigger the Superannuation Guarantee Charge (SGC), resulting in penalties and loss of tax deductions. Employers – Plan ahead, especially if using clearing houses that may take up to 14 days. Consider moving to monthly payments to prepare for upcoming Payday Super reforms (from 1 July 2026). Employees – Regularly check your super statements and ensure contributions match your payslips. If you’d like help reviewing your super obligations or preparing for Payday Super, reach out to us today. https://lnkd.in/gGuHp2Cs

🎓 Relief in sight: Major cut to student loan balances The Government has announced a 20% reduction in student loans, benefiting over 3 million Australians and wiping out more than $16 billion in outstanding debt. 🙌 ✅ Applies to HELP, VET, Apprenticeship, and other student loans ✅ Reduction backdated to 1 June 2025 – no action required ✅ New repayment threshold lifted to $67,000 for 2025–26 This means more disposable income for young Australians, and in some cases, even refunds where debts have been cleared. 💡 Thinking about extra repayments? Our advice: hold off until the reduction has been applied. 👉 If you need help with your student debt, then reach out to us today. https://lnkd.in/gdSwcvq9

🌊🏃♂️ City to Surf 2025 🏃♀️🌊 This year, our team proudly joined thousands of participants for the iconic City to Surf, supporting such a great cause. It was fantastic to see so many of our staff, along with their friends and families, turning out to walk, run, and cheer together. A huge thank you to everyone who took part and contributed to making the day such a success. 💙

📉 RBA cuts cash rate to 3.60% – What does it mean for you? On 12 August 2025, the Reserve Bank of Australia lowered the cash rate from 3.85% to 3.60% – the third cut this year, bringing rates to their lowest level since March 2023. ✅ Borrowers – Mortgage holders will see immediate relief, with repayments on a $600,000 loan falling by around $89 per month. Refinancing opportunities may deliver even greater savings. ✅ Investors – Equities and property stand to benefit, but fixed-income returns decline. A weaker AUD also opens doors for global investment flows. ✅ Retirees – While term deposit and bond income weakens, super balances may strengthen with rising asset prices. Managing volatility and preserving purchasing power remain key. Overall, the rate cut stimulates borrowing, spending, and investment - but also brings risks, particularly around housing affordability and market volatility. 💡 Now is a great time to review your lending, investment, and retirement strategies, so reach out to us today to assist. https://lnkd.in/gjXVyuTN

✨ Catching Up with Future Stars at UWA Career Fair ✨ Today, Melanie headed down to the UWA Career Fair and met some of the brightest up-and-coming talent around. It was great chatting with students about our internship and graduate programs, hearing their ideas, and seeing the excitement they have for what’s ahead.

📢 Div 296 Super Tax Update – What You Need to Know From 1 July 2025, proposed legislation will slap an extra 15% tax on annual super earnings above a $3 million balance (measured at 30 June each year), with the first liabilities tested on 30 June 2026. Practical steps to prepare: • Review your super fund liquidity and cash flow planning for future tax payments • Ensure your asset valuations are up to date • Estimate your combined super balances and plan for any large transactions • Document asset values, especially for SMSF members • Seek tailored professional advice before making any changes This measure isn’t law yet, and could still change. If you’ve got questions or need help with your super strategy, reach out to us today – we’re here to help! https://lnkd.in/gDTf7kHY