From 1 July, the Tranche 2 AML/CTF reforms bring accounting firms into the Federal Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) regime for the first time. Like banks and financial institutions, accounting firms are legally classified as frontline gatekeepers against financial…
As we approach 30 June, now is the ideal time to review your finances, superannuation and long-term goals to ensure you're making the most of the opportunities available before the end of the financial year. At Watson Wealth, our financial…
The 2026 Federal Budget introduced a broad range of proposed measures affecting taxation, investments, property, aged care, government support and the cost of living. While many of these announcements are still proposals and may change before becoming law, they provide…
“You can have a plan, or you can cross your fingers and leave it to chance.” Over the next decade, Australian families will pass about $3.5 trillion to the next generation; within 20 years it’s $5.4 trillion. Roughly $120 billion…
Thinking about buying property through your super? You’re not alone. Many Australians are exploring SMSF (Self-Managed Super Fund) property investment. It sounds appealing—using your retirement savings to buy an investment property—and it can be a powerful wealth-building strategy. But like…
Upsizing your home is more than just extra square footage—it’s about creating the lifestyle you want and ensuring your home is a better fit for your family’s needs. Whether you’re starting to feel cramped in your current home or planning…
Congratulations on your job promotion or salary increase! A job promotion, salary increase, or new high-paying role is a significant achievement—congratulations! While extra income is exciting, it also brings new financial responsibilities. For high-income earners, making informed decisions about your…
A Self-Managed Super Fund (SMSF) is a superannuation fund that allows individuals to take full control of their retirement savings. Unlike traditional super funds managed by financial institutions, an SMSF is run by the members who act as trustees. This…
Big changes are coming to aged care, affecting how support is accessed, funded, and delivered across Australia. Whether you're planning for your own future or helping a loved one navigate care options, it's essential to understand these aged care changes and…
Personal insurance allows you to protect what’s important to you The older we get, the more responsibilities we inevitably have: mortgages, car repayments and maintenance, children, school fees, and never-ending bills. The people in our lives depend on us and…
