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For small business owners in Box Hill and across Melbourne, today’s release of the ABS March‑quarter 2026 National Accounts is a timely reminder that EOFY tax planning now sits in a low‑growth, high‑cost environment. The Australian economy expanded by 0.3% in the March quarter, confirming modest growth rather than contraction — but also signalling subdued…
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What the Latest RBA Decision Means for Melbourne Businesses and Borrowers Context: Why the May Minutes Matter The Reserve Bank of Australia’s May 2026 Monetary Policy Board minutes reaffirmed that the cash rate remains on hold at 4.35%, with the Board emphasising persistent inflation risks despite easing growth momentum. The RBA acknowledged that while demand…
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Australia’s labour market has softened, with the Australian Bureau of Statistics (ABS) reporting that the national unemployment rate increased to 4.5% in April 2026. While this remains low by historical standards, the rise represents a clear change in momentum after an extended period of labour market tightness. For small and medium‑sized businesses, this shift has…
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Context: Why Trusts Are Back in the Spotlight The 2026–27 Federal Budget has reignited intense debate around the taxation of trusts, with practitioners warning that certain structures may now face effective triple taxation. Industry commentary published this week highlights how new integrity measures and interaction effects between trust distributions, company tax, and personal marginal rates…
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The 2026–27 Federal Budget confirmed that the $20,000 instant asset write‑off will be made a permanent feature of Australia’s small business tax system, ending years of temporary extensions and last‑minute legislative uncertainty. For eligible businesses, this reform provides greater confidence when planning capital expenditure — but it does not remove the need for careful timing,…
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A Budget centred on structural tax reform The Federal Budget 2026–27, delivered on 12 May 2026, represents a major shift in Australia’s tax and economic policy settings. Treasurer Jim Chalmers framed the Budget as a move away from short‑term relief towards long‑term structural reform, with a focus on fairness, housing access, productivity, and fiscal sustainability.…
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From 1 July 2026, Australian employers will be required to pay superannuation on or before each pay day, rather than quarterly. Known as Payday Super, this reform represents one of the most significant payroll and cash‑flow shifts in decades. In early May 2026, the Australian Taxation Office (ATO) released further guidance confirming that employers must…
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The Reserve Bank of Australia (RBA) has increased the official cash rate by 25 basis points to 4.35% in May 2026, marking the third rate rise this year and fully unwinding the interest‑rate cuts delivered in 2025. The RBA cited renewed inflationary pressure—particularly from fuel prices and global economic instability—as the key driver of the…
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Capital gains tax is back in the spotlight, with discussion that a future reform could replace the current 50% CGT discount for new investments with an inflation-indexation model. For people who own shares and ETFs, that makes record-keeping more important than ever. Even though no law has changed yet, investors should treat this as a…
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Australia’s inflation picture worsened on 29 April 2026, with the ABS reporting that annual CPI rose to 4.6% in March, up from 3.7% in February. The largest contributors were Housing (+6.5%), Transport (+8.9%), and Food and non-alcoholic beverages (+3.1%). For households, that means cost-of-living pressure is no longer just a headline story — it is…
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Sienna Jiang is the Founder and Managing Director of Infinity Solution Tax Plus, a Chartered Accounting firm dedicated to helping clients stay financially organised while achieving their business, financial, and personal goals.
A Certified Public Accountant (CPA) with over 10 years of experience in accounting and taxation, Sienna brings broad and in-depth expertise in tax compliance, business advisory, financial reporting, and strategic tax planning for individuals and small businesses — including significant experience working with professionals in the medical field.
She works closely with clients to deliver tailored solutions in tax structuring, business strategy, and long-term planning. Her holistic approach combines practical guidance with personalised support, helping clients simplify compliance, drive growth, and reach their goals with confidence.
Infinity Solution Tax Plus 