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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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The federal government is considering a major shift in how capital gains are taxed for new investments, moving away from the current 50% CGT discount and towards an “inflation indexation” approach. If implemented, this would be one of the most consequential tax changes property investors have faced in decades. For clients working with an accountant…
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Australia’s latest trade figures show the goods trade surplus widened in February 2026, a reminder that shifts in export earnings and import spending can still ripple into day-to-day household outcomes. The ABS reported the seasonally adjusted balance on goods increased by $3,428 million in February, taking the surplus to $5,686 million. From an accountant Box…
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Australia’s latest building approvals data delivered a sharp monthly lift in February 2026, offsetting all the losses in Jan, driven overwhelmingly by private sector dwellings excluding houses (the ABS category that captures apartments and other higher-density dwellings). It’s the sort of headline that can sound like “problem solved” on housing supply—but approvals are only the…
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ASIC’s latest enforcement action is a timely reminder that “boring” compliance, lodging accounts on time and maintaining the right officeholders, isn’t optional. On 1 April 2026, ASIC reported that three public companies were fined a combined $1.17 million in a single day at the Downing Centre Local Court for failing to meet core public-company obligations.…
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APRA has issued guidance aimed at tightening consistency in how some smaller banks and mutuals measure “liquidity”, the pool of assets a bank can quickly access to meet withdrawals and payment obligations. The change comes via an industry letter released on 2 April 2026, focused on how Minimum Liquidity Holdings (MLH) banks treat deposits they…
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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 