Good news — starting 1 July 2025, most households and eligible small businesses will receive a $150 energy bill rebate, applied automatically in two quarterly instalments of $75 each. That’s $600 off your electricity bill over the year, no paperwork required.

What You Need to Know

• Start Date: 1 July 2025
• Rebate Amount: $150 total ($75 per quarter)
• Eligibility: Most households and eligible small businesses with an active electricity account
• Application: Automatic — no action needed for most customers

Important: Verify Your Eligibility

While the rebate is automatic for most, it’s essential to confirm your eligibility:

• Households: Make sure your electricity account is active with a registered retailer or embedded network.
• Small Businesses: Check if your annual electricity consumption is below the threshold set by your state or territory.

For detailed information and to verify your eligibility, visit official energy websites or contact your energy provider.

Is this a part of your greater saving plan or specific goal such as buying a property or planning your next investment. While every bit counts, the one most important factor when planning your saving is to know how to maximise your capital yield and minimise your tax obligation.

Let’s chat, Book a free 15-minute consultation with our experts today — we’re here to help you make the most of this relief and keep your budget on track. Request a Call-back

The countdown to 30 June is officially on — and if you’ve been meaning to get your tax sorted, now’s the time to make your move.

Whether you’re employed full-time, running your own gig, or juggling a bit of both, a few smart, quick actions can make a real difference to your return. The best part? It doesn’t have to be complicated — just a little bit of planning and some well-timed payments.

Let’s dive into a few last-minute things you can do right now to give your tax return a healthy lift.

Prepay and Save: How It Works

One of the best (and simplest) strategies before EOFY is prepaying tax-deductible expenses. That means you pay for something now — before 30 June — and claim the deduction this year, even if it benefits you next year.

Here are some common prepayable expenses:

• Income protection insurance premiums
• Union or professional membership fees
• Work-related subscriptions, publications or journals
• Self-education costs that relate directly to your current job
• Property investment expenses like interest, strata or council rates
• Business costs for sole traders and small business owners

Tip: To qualify, the expense generally needs to cover no more than 12 months ahead — and you must actually pay it by 30 June (not just be invoiced).

Who Should Consider This?

Prepaying expenses can be especially helpful if:

• You’re earning more this year and expect less income next year (such as a career change, maternity leave, or study break)
• You’re a sole trader or small business owner with regular ongoing costs
• You’ve got investment properties or ongoing portfolio expenses
• You’re a professional with required licenses or memberships to maintain

Not sure if it’s the right move for you? A quick chat with your accountant or financial adviser can help you weigh it up based on your situation.

Don’t Forget the Paper Trail

We know it’s not the most thrilling part of tax time — but keeping your receipts and records is a must. The ATO requires proper evidence for any deductions, including prepaid expenses.

• Save copies of receipts or invoices (digital is fine)
• Note the payment date — this is what determines whether you can claim it this financial year

Timing is Everything

If you’re planning to prepay anything, make sure it’s done before 30 June. Transfers, BPAY, or credit card payments all need to clear before the end of the financial year — so avoid leaving it to the last minute.

Need a Hand? Let’s Chat

EOFY can feel like a scramble, but you don’t have to go it alone. Our tax experts are here to help you find simple, stress-free ways to boost your return — even at the last minute.

Book a free 15-minute consultation and let’s make sure you’re not missing out on any smart opportunities before the deadline. The Hopkins Group – 15 Quick Chat

Let’s wrap up the financial year on a high — and make your money work a little harder for you.

If you’re like most Aussies, your superannuation probably ticks along quietly in the background. But come 1 July, a few key changes will come into effect — and they’re worth paying attention to.

The biggest one? Your employer is about to pay you more super. The Super Guarantee rate is going up from 11.5% to 12%, which is the final step in a plan the government’s been rolling out over the past few years. You won’t have to do anything — but your retirement savings will grow faster from now on.

Then there’s the new rule targeting very large balances. From 1 July, if you’ve got over $3 million in super, any earnings on the amount above that threshold will be taxed at 30%, instead of the usual 15%. To be clear, this isn’t a tax on your total balance — just on future earnings from the portion above $3 million. And unless you’re in the top half a percent of super holders, this probably won’t affect you at all.

What’s not changing? The government isn’t taking money out of anyone’s super. There’s no cap on how much you can have in your fund, and if you’re under that $3 million mark, your tax treatment stays exactly the same. Also, nothing is being applied retroactively — these changes only kick in from the new financial year onwards.

If you’re unsure how these changes impact your retirement plans — or if you’ve never really looked too closely at your super — now’s a smart time to do it.

Book a free, no-obligation chat with one of our superannuation advisers – we’ll look at your current setup, explain what the changes mean for you, and help you take full advantage if you’re in a position to grow your fund faster.

To book your free, no-obligation appointment:

• The Hopkins Group – 15 Quick Chat
• Request a Call-back

A little tweak today could mean a lot more tomorrow — especially when it comes to your super.