THE ADVISER’S NOTEBOOK
May 2026
Welcome to the May Edition of the Adviser’s Notebook!
As we head toward the end of the financial year, it’s a great time to take a steady, practical look at the money decisions that matter most, organising your tax paperwork, reviewing what you can claim, and understanding how Budget announcements may affect everyday costs and planning.
This month’s selection focuses on simple ways to prepare early, strengthen record‑keeping, and make EOFY decisions with confidence whether you’re an employee, small business owner, investor, or someone using super strategically. You’ll find a balanced mix of tax basics, investor guidance, super and tax considerations, and EOFY checklists you can use as a reference point.
We’ll also continue sharing bite‑sized ideas on Facebook and Instagram, easy reminders you can save or pass on when friends or family mention tax time stress.
As always, if you’d like support reviewing your EOFY position or mapping next steps that suit your situation, the team at Your Wealth Hub Advice is here to help.
Take a few minutes to explore this month’s articles here!
Gavin Glozier, Grad Dip, Fin Plan
CEO & Principal Financial Adviser
P 1300 763 498 • M 0408 155 140
Level 17, Angel Place, 123 Pitt Street, Sydney NSW 2000
Live the life you want to live.
THE TOP FIVE THINGS NEEDED IN THE COMING BUDGET
A sharp, investor‑lens take on what the next Federal Budget should prioritise: targeted relief (not a spending splash), spending restraint, real tax reform, and productivity fixes that actually lift long‑term growth.
FUTURE FOCUS: ONE OF THE MOST GENEROUS TAX BREAKS IN AUSTRALIA
If life takes you overseas, interstate, or into a “rent-then-upgrade” plan, this explains the 6‑year main‑residence rule — and how getting it wrong can trigger a nasty CGT surprise later.
MILLIONS OF AUSTRALIANS OFFERED $1000 INSTANT TAX DEDUCTION UNDER PROPOSED LAW
The government is pushing a standard $1,000 work‑expense deduction to cut paperwork — but it’s $1,000 off taxable income, not a $1,000 refund. Worth knowing who benefits and what the realistic savings look like.
THE GOLDEN ATO RULE FOR CLAIMING TAX DEDUCTIONS IN 2026 REVEALED: ‘FEELS LIKE A BONUS’
Before you claim anything, remember the ATO’s simple test: you paid it, it relates to earning income, and you can prove it. Especially relevant with tighter scrutiny on work expenses, WFH claims, and rentals.
THE PROPERTY VS SHARES DEBATE HEATS UP
Bricks or brokerage? This breaks down the real trade‑offs — leverage vs liquidity, costs, diversification, and what matters most: your goals, risk tolerance, and time horizon (not dinner‑party opinions).
I’M CLOSE TO RETIREMENT AGE. WHAT ARE MY OPTIONS FOR DRAWING ON MY SUPER SAVINGS?
A clear explainer of the big retirement-income choices: account‑based pensions, annuities, and lump sums — plus why flexibility, minimum drawdowns, and tax treatment should be part of your plan well before you stop work.
