---
title: WLM Blog | 23/24 Financial Year (2)
description: "23/24 Financial Year | More than a blog, this page is where we release our latest market insights, case studies and other timely content. Check back often.  \n (2)"
image: https://insights.wlm.com.au/hubfs/WLM%20Accounting%20Blog.jpg
---

[![WLM\_Logo\_RGB\_Orn50](https://insights.wlm.com.au/hs-fs/hubfs/WLM_Logo_RGB_Orn50.png?width=521&height=169&name=WLM_Logo_RGB_Orn50.png "WLM_Logo_RGB_Orn50")](http://wlm.com.au/)

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- [Insights & Case Studies](https://insights.wlm.com.au/blog) 
    - [Blog](https://insights.wlm.com.au/blog)
    - [Buying a property with a business partner](https://explore.wlm.com.au/buying_a_property_with_a_business_partner_download)
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- [Contact](https://www.wlm.com.au/contact/)

[Login](https://clientlogin-us2.karbonhq.com/4Frhz6cPZq6r)

- [About](https://www.wlm.com.au/about/)
- [Services](https://www.wlm.com.au/services/) 
    - [Tax & Compliance](https://www.wlm.com.au/services/tax-and-compliance/)
    - [Strategy & Advice](https://www.wlm.com.au/services/strategy-and-advice/)
- [Clients](https://www.wlm.com.au/clients/) 
    - [Construction & Trades](https://www.wlm.com.au/clients/construction/)
    - [Family Business](https://www.wlm.com.au/clients/family-business/)
    - [Insurance & Financial Services](https://www.wlm.com.au/clients/insurance-and-financial-services/)
    - [Renewable Energy & Environment](https://www.wlm.com.au/clients/renewable-energy-and-environment/)
    - [Service-based & Other Business](https://www.wlm.com.au/clients/service-based-and-other-business/)
- [Insights & Case Studies](https://insights.wlm.com.au/blog) 
    - [Blog](https://insights.wlm.com.au/blog)
    - [Buying a property with a business partner](https://explore.wlm.com.au/buying_a_property_with_a_business_partner_download)
    - [How to minimise tax & risk with business structure](https://explore.wlm.com.au/business-structure-whitepaper-download)
- [Contact](https://www.wlm.com.au/contact/)

# News, views and more

More than a blog, this page is where we release our latest market insights, case studies and other timely content. Check back often.

### Most Recent

**[Categories](https://insights.wlm.com.au/blog/tag/23-24-financial-year/page/2#!)**

- [Accounting](https://insights.wlm.com.au/blog/tag/accounting)
- [Business Owners](https://insights.wlm.com.au/blog/tag/business-owners)
- [Australian Taxation Laws](https://insights.wlm.com.au/blog/tag/australian-taxation-laws)
- [Financial Planning](https://insights.wlm.com.au/blog/tag/financial-planning)
- [Tax Planning](https://insights.wlm.com.au/blog/tag/tax-planning)
- [ATO](https://insights.wlm.com.au/blog/tag/ato)
- [Superannuation](https://insights.wlm.com.au/blog/tag/superannuation)
- [Professionals](https://insights.wlm.com.au/blog/tag/professionals)
- [Home Owners & Investors](https://insights.wlm.com.au/blog/tag/home-owners-investors)
- [Family Business](https://insights.wlm.com.au/blog/tag/family-business)
- [25/26 Financial Year](https://insights.wlm.com.au/blog/tag/25-26-financial-year)
- [Self Managed Super Funds](https://insights.wlm.com.au/blog/tag/self-managed-super-funds)
- [Renewable Energy & Environment](https://insights.wlm.com.au/blog/tag/renewable-energy-environment)
- [23/24 Financial Year](https://insights.wlm.com.au/blog/tag/23-24-financial-year)
- [Construction](https://insights.wlm.com.au/blog/tag/construction)
- [Trusts](https://insights.wlm.com.au/blog/tag/trusts)
- [24/25 Financial Year](https://insights.wlm.com.au/blog/tag/24-25-financial-year)
- [Case Studies](https://insights.wlm.com.au/blog/tag/case-studies)
- [Insurance Underwriting](https://insights.wlm.com.au/blog/tag/insurance-underwriting)
- [Personal Income Tax](https://insights.wlm.com.au/blog/tag/personal-income-tax)
- [Payroll Tax](https://insights.wlm.com.au/blog/tag/payroll-tax)
- [WLM News](https://insights.wlm.com.au/blog/tag/wlm-news)
- [22/23 Financial Year](https://insights.wlm.com.au/blog/tag/22-23-financial-year)
- [26/27 Financial Year](https://insights.wlm.com.au/blog/tag/26-27-financial-year)

[![stage 3 tax cuts](https://insights.wlm.com.au/hubfs/Stage%203%20personal%20income%20tax%20cuts%20redesigned.png)](https://insights.wlm.com.au/blog/stage_3_tax_cuts_redesigned)

![Amanda Rogers](https://insights.wlm.com.au/hs-fs/hubfs/AR%20headshot.jpg?width=400&height=250&name=AR%20headshot.jpg)

**Amanda Rogers**

 22 February 2024 —  5 min read

### [Stage 3 personal income tax cuts redesigned](https://insights.wlm.com.au/blog/stage_3_tax_cuts_redesigned)

**The personal income tax cuts legislated to commence on 1 July 2024 will be realigned and redistributed under a proposal released by the Federal Government.**

[Read more](https://insights.wlm.com.au/blog/stage_3_tax_cuts_redesigned)

[![key influences of 2024](https://insights.wlm.com.au/hubfs/_The%20key%20influences%20of%202024.png)](https://insights.wlm.com.au/blog/key_influences_of_2024)

![Amanda Rogers](https://insights.wlm.com.au/hs-fs/hubfs/AR%20headshot.jpg?width=400&height=250&name=AR%20headshot.jpg)

**Amanda Rogers**

 22 January 2024 —  2 min read

### [The key influences of 2024](https://insights.wlm.com.au/blog/key_influences_of_2024)

Uncertainty has reigned over the last few years, but can we expect more consistency as we head into 2024? We explore some of the key issues and influences.

[Read more](https://insights.wlm.com.au/blog/key_influences_of_2024)

[![portfolio diversification](https://insights.wlm.com.au/hubfs/2024%20portfolio%20diversification%20is%20key.png)](https://insights.wlm.com.au/blog/2024portfoliodiversification)

**Financial Planner**

 22 January 2024 —  2 min read

### [2024 - Portfolio diversification is key](https://insights.wlm.com.au/blog/2024portfoliodiversification)

The ‘Santa Claus Rally’ arrived for global share markets as the long-awaited pivot in monetary policy from the US Federal Reserve arrived at its December meeting. Although the Fed kept the federal funds rate target on hold, it flagged the current..

[Read more](https://insights.wlm.com.au/blog/2024portfoliodiversification)

[![What changed on 1 July 2023](https://insights.wlm.com.au/hubfs/iStock-685042598.jpg)](https://insights.wlm.com.au/blog/what-changed-on-1-july-2023)

![Amanda Rogers](https://insights.wlm.com.au/hs-fs/hubfs/AR%20headshot.jpg?width=400&height=250&name=AR%20headshot.jpg)

**Amanda Rogers**

 21 July 2023 —  3 min read

### [What changed on 1 July 2023?](https://insights.wlm.com.au/blog/what-changed-on-1-july-2023)

## Employers and business

- Superannuation guarantee increases to 11% from 10.5%
- National and Award minimum wage increases take effect.
- The minimum salary that must be paid to a sponsored employee - the [Temporary Skilled Migration Income Threshold](https://minister.homeaffairs.gov.au/ClareONeil/Pages/temporary-skilled-migration-income-threshold-raised.aspx) -..

[Read more](https://insights.wlm.com.au/blog/what-changed-on-1-july-2023)

[![2023 Budget - Compliance and Anti-avoidance Measures](https://insights.wlm.com.au/hubfs/2023%20Budget%20Compliance%201200px-1.png)](https://insights.wlm.com.au/blog/2023-budget-compliance-and-anti-avoidance-measures)

![Amanda Rogers](https://insights.wlm.com.au/hs-fs/hubfs/AR%20headshot.jpg?width=400&height=250&name=AR%20headshot.jpg)

**Amanda Rogers**

 12 May 2023 —  5 min read

### [2023 Budget - Compliance and Anti-avoidance Measures](https://insights.wlm.com.au/blog/2023-budget-compliance-and-anti-avoidance-measures)

This year's budget contained a suite of measures to clamp down on tax minimisation. There were also several other policy initiatives regarding security and immigration.

This article summarises the significant changes.

[Read more](https://insights.wlm.com.au/blog/2023-budget-compliance-and-anti-avoidance-measures)

[![2023 Budget Wrap for Individuals and Families](https://insights.wlm.com.au/hubfs/2023%20Budget%20Individuals%201200px.png)](https://insights.wlm.com.au/blog/2023-budget-wrap-for-individuals-and-families)

![Amanda Rogers](https://insights.wlm.com.au/hs-fs/hubfs/AR%20headshot.jpg?width=400&height=250&name=AR%20headshot.jpg)

**Amanda Rogers**

 12 May 2023 —  11 min read

### [2023 Budget Wrap for Individuals and Families](https://insights.wlm.com.au/blog/2023-budget-wrap-for-individuals-and-families)

**The $4.2bn surplus, the first in 15 years, stole most of the headlines in this year's Federal Budget. However, there is a range of implications of importance for individuals, families and investors.** 

**This article provides a budget overview to help..**

[Read more](https://insights.wlm.com.au/blog/2023-budget-wrap-for-individuals-and-families)

[![2023 Federal Budget Wrap for Business](https://insights.wlm.com.au/hubfs/2023%20Budget%20Business%201200px.png)](https://insights.wlm.com.au/blog/2023-federal-budget-wrap-for-business)

![Amanda Rogers](https://insights.wlm.com.au/hs-fs/hubfs/AR%20headshot.jpg?width=400&height=250&name=AR%20headshot.jpg)

**Amanda Rogers**

 12 May 2023 —  10 min read

### [2023 Federal Budget Wrap for Business](https://insights.wlm.com.au/blog/2023-federal-budget-wrap-for-business)

**The 'ace in the hole' of the 2023-24 Federal Budget was the $4.2bn surplus; the first in 15 years. But there's also a range of changes and implications for business.**

**This article provides an overview of the budget for business owners and leaders.**

[Read more](https://insights.wlm.com.au/blog/2023-federal-budget-wrap-for-business)

[![Federal Budget Australia 2023/24](https://insights.wlm.com.au/hubfs/Budget%202324%201200px.jpg)](https://insights.wlm.com.au/blog/budget-2023-24-expectations)

![Amanda Rogers](https://insights.wlm.com.au/hs-fs/hubfs/AR%20headshot.jpg?width=400&height=250&name=AR%20headshot.jpg)

**Amanda Rogers**

 24 April 2023 —  2 min read

### [Budget 2023-24 Expectations](https://insights.wlm.com.au/blog/budget-2023-24-expectations)

**The 2023-24 Federal Budget will be released on Tuesday, 9 May 2023. Look out for our update the next day on the important issues to you, your superannuation and your business.**

[Read more](https://insights.wlm.com.au/blog/budget-2023-24-expectations)

<https://insights.wlm.com.au/blog/tag/23-24-financial-year/page/1> [1](https://insights.wlm.com.au/blog/tag/23-24-financial-year/page/1) [2](https://insights.wlm.com.au/blog/tag/23-24-financial-year/page/2)

### Free Resources

- [Whitepaper: How to minimise tax & risk with business structure](https://explore.wlm.com.au/business-structure-whitepaper-download)
- [Whitepaper: Buying a property with a business partner](https://explore.wlm.com.au/buying_a_property_with_a_business_partner_download)
- [E-Guide: 7 financial mistakes of builders and tradies](https://explore.wlm.com.au/financial-mistakes-of-builders-and-tradies)
- [E-Guide: Tax and accounting considerations for setting up an insurance underwriting agency in Australia](https://explore.wlm.com.au/tax-and-accounting-considerations-for-setting-up-an-insurance-underwriting-agency-in-australia)
- [A guide to the Federal Budget 2025 - 26](https://explore.wlm.com.au/a-guide-to-the-federal-budget-2025-26)
- [EOFY Tax Planning Webinar](https://youtu.be/xhf7yafx8YE?si=TuqCM5eEtWPP91lg)
- [EOFY business checklist](https://explore.wlm.com.au/your-business-end-of-financial-year-checklist)

### Blog Categories

- [Accounting (169)](https://insights.wlm.com.au/blog/tag/accounting)
- [Business Owners (143)](https://insights.wlm.com.au/blog/tag/business-owners)
- [Australian Taxation Laws (126)](https://insights.wlm.com.au/blog/tag/australian-taxation-laws)
- [Financial Planning (88)](https://insights.wlm.com.au/blog/tag/financial-planning)
- [Tax Planning (76)](https://insights.wlm.com.au/blog/tag/tax-planning)
- [ATO (56)](https://insights.wlm.com.au/blog/tag/ato)
- [Superannuation (54)](https://insights.wlm.com.au/blog/tag/superannuation)
- [Professionals (40)](https://insights.wlm.com.au/blog/tag/professionals)
- [Home Owners & Investors (34)](https://insights.wlm.com.au/blog/tag/home-owners-investors)
- [Family Business (30)](https://insights.wlm.com.au/blog/tag/family-business)
- [25/26 Financial Year (25)](https://insights.wlm.com.au/blog/tag/25-26-financial-year)
- [Self Managed Super Funds (23)](https://insights.wlm.com.au/blog/tag/self-managed-super-funds)
- [Renewable Energy & Environment (20)](https://insights.wlm.com.au/blog/tag/renewable-energy-environment)
- [23/24 Financial Year (18)](https://insights.wlm.com.au/blog/tag/23-24-financial-year)
- [Construction (18)](https://insights.wlm.com.au/blog/tag/construction)
- [Trusts (18)](https://insights.wlm.com.au/blog/tag/trusts)
- [24/25 Financial Year (17)](https://insights.wlm.com.au/blog/tag/24-25-financial-year)
- [Case Studies (17)](https://insights.wlm.com.au/blog/tag/case-studies)
- [Insurance Underwriting (16)](https://insights.wlm.com.au/blog/tag/insurance-underwriting)
- [Personal Income Tax (13)](https://insights.wlm.com.au/blog/tag/personal-income-tax)
- [Payroll Tax (9)](https://insights.wlm.com.au/blog/tag/payroll-tax)
- [WLM News (9)](https://insights.wlm.com.au/blog/tag/wlm-news)
- [22/23 Financial Year (8)](https://insights.wlm.com.au/blog/tag/22-23-financial-year)
- [26/27 Financial Year (8)](https://insights.wlm.com.au/blog/tag/26-27-financial-year)

## Subscribe

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###### Contact

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GPO Box 5025, Sydney NSW 2001

**T** [02 9221 7777](tel:292217777)

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- [CLIENTS](https://www.wlm.com.au/clients/) 
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The information contained in the WLM website, has been prepared from a wide variety of sources, which WLM, to the best of its knowledge and belief, considers accurate. WLM does not however warrant the accuracy of the information and forecasts possibly contained in the WLM website. No visitor to the site should rely upon the information and/or recommendations contained in the WLM website. WLM strongly recommends that all prospective purchasers of securities should make their own inquiries and seek professional advice before acting on any of the information contained in the WLM website. Should you wish to seek advice, please feel welcome to [contact us](http://wlm.advisclient.com.au/contact/).