FirstTech Podcast
Episodes
Question of the month: Why does my client have excess non-concessional contributions?
09 Dec 2025
Contributed by Lukas
Craig Day and Kim Guest answer our question of the month, which discusses situations where a client receives an excess non-concessional contribution d...
Transfers from foreign retirement schemes that are not foreign super funds
09 Dec 2025
Contributed by Lukas
A client who has lived and worked outside Australia may have an overseas retirement scheme they wish to transfer to an Australian super fund or bank a...
Latest News - November 2025
09 Dec 2025
Contributed by Lukas
Craig Day, Sina Heng and Kim Guest discuss the latest technical news: Will the general transfer balance cap increase on 1 July 2026? Where are the pro...
Significant changes announced to Division 296 tax proposal
04 Nov 2025
Contributed by Lukas
On 13 October 2025, the Treasurer announced significant changes to the yet to be legislated Division 296 tax rules – which proposes to tax the earni...
Latest News - October 2025
04 Nov 2025
Contributed by Lukas
Craig Day, Linda Bruce, Richard Chen, Alex Denham and Kim Guest discuss the latest technical news including changes announced to the proposed Division...
Question of the month - What happens when a SMSF trustee undertakes work for the SMSF?
04 Nov 2025
Contributed by Lukas
Craig Day and Linda Bruce answer our question of the month, which discusses what happens where a member/trustee of an SMSF undertakes work on a f...
Question of the month - CGT & the Main Residence Trap for Non-Residents
01 Oct 2025
Contributed by Lukas
Craig Day and Kim Guest answer our question of the month, which discusses a situation where a client has moved overseas and is considering selling the...
Recontribution strategies: What works, what doesn't
01 Oct 2025
Contributed by Lukas
Craig Day and Tim Sanderson discuss one of the most widely used superannuation strategies: the re-contribution strategy. Done right, this strategy ha...
Latest News - September 2025
01 Oct 2025
Contributed by Lukas
Craig Day and Kim Guest discuss the latest technical news including upcoming aged care reforms, ATO corporate plan for SMSFs, update on Division 296 a...
Question of the month: The Ins & Outs of Downsizer Contributions for Couples
03 Sep 2025
Contributed by Lukas
Craig Day, Alex Denham and Richard Chen answer our question of the month, which discusses a situation where a couple get together later in life and bo...
Death Benefit Pensions: The 5 Most Asked Questions
03 Sep 2025
Contributed by Lukas
When a client passes away an option for their spouse is to take their death benefit in the form of an income stream, such as an account based pension....
Latest News - August 2025
03 Sep 2025
Contributed by Lukas
Craig Day, Tim Sanderson, Linda Bruce, Kim Guest and Peter Wheatland discuss the latest technical news including the increase to deeming rates, econom...
Question of the month: Company directors and the retirement condition of release
01 Aug 2025
Contributed by Lukas
Craig Day and Kim Guest discuss whether a company director can meet the retirement condition of release by terminating their position as a director of...
Important tax return issues relating to financial planning strategies
01 Aug 2025
Contributed by Lukas
Craig Day and Linda Bruce explore key components of individual tax returns that must be accurately completed to ensure the effective implementation of...
Latest News - July 2025
01 Aug 2025
Contributed by Lukas
Craig Day, Richard Chen and Kim Guest discuss the latest technical news including recent Bills introduced to the new Parliament, proposed changes to T...
Question of the month: Timing & Varying Notices of Intent to Claim Super Deductions
30 Jun 2025
Contributed by Lukas
Craig Day, Sina Heng and Linda Bruce discuss the ins and outs of varying notices of intent to claim a super deduction.In this podcast they cover incre...
Division 296 - Super Tax Strategies & Withdrawal Timing
30 Jun 2025
Contributed by Lukas
Craig Day and Tim Sanderson discuss the proposed Division 296 tax.FirstTech have received many questions regarding clients who have decided they want ...
Latest News - June 2025
30 Jun 2025
Contributed by Lukas
Craig Day, Tim Sanderson, Richard Chen and Kim Guest discuss the latest technical news including Transfer Balance Cap indexation displaying on myGov, ...
Contribution splitting - Frequently asked questions
31 May 2025
Contributed by Lukas
Craig Day and Linda Bruce unpack the top 6 questions advisers commonly ask about the popular strategy of splitting concessional super contributions Ho...
Latest News - May 2025
31 May 2025
Contributed by Lukas
Craig Day, Kim Guest and Peter Wheatland discuss the latest technical news including an update on the proposed Division 296 tax, guidance issued by th...
Division 296 - Where are we now?
31 May 2025
Contributed by Lukas
Craig Day is joined by SMSF Association CEO Peter Burgess to unpack the revived Division 296 super tax proposal.In this episode they clarify how the t...
Updating investment balances with Centrelink: Tips and Timing
10 May 2025
Contributed by Lukas
Craig Day and Kim Guest discuss the process of updating investment balances with Centrelink, including account based pensions, super in accumulation p...
Consequences of an SMSF failing the minimum pension standards
10 May 2025
Contributed by Lukas
Where an SMSF paying an account based pension fails the pension standards such as not paying the minimum annual payment, it can have significant conse...
Latest News - Federal Election wrap up and more...
10 May 2025
Contributed by Lukas
In this special edition of Latest News, following the Federal Election we delve into the winning parties policy announcements that impact financial ad...
End of financial year super strategies 2024-25
29 Mar 2025
Contributed by Lukas
As we approach the end of the financial year, it's a great time to review year-end super strategies and get ready for the new financial year. Craig D...
Latest News - March 2025
29 Mar 2025
Contributed by Lukas
Craig Day, Tim Sanderson, Alex Denham and Kim Guest discuss the latest technical news including Payday Super, aged care reforms and lifetime income st...
Navigating minimum annual pension payment rules
29 Mar 2025
Contributed by Lukas
Craig Day and Tim Sanderson discuss the minimum annual payment requirements for account based pensions in a variety of circumstances including partial...
Understanding Powers of Attorney
05 Mar 2025
Contributed by Lukas
Craig Day and Hayley Mitchell (Coopers Grace Ward), delve into the details of Enduring Powers of Attorney, covering the scope of authority granted to ...
Commuting a TAP under legacy pension rules
05 Mar 2025
Contributed by Lukas
Craig Day, Tim Sanderson and Kim Guest discuss new regulations which allow members receiving non-commutable legacy income streams, including complying...
Latest News - February 2025
05 Mar 2025
Contributed by Lukas
Craig Day, Linda Bruce, Tim Sanderson, Peter Wheatland and Kim Guest discuss the latest technical news. Hosted on Acast. See acast.com/privacy for mor...
Exceeding the non-concessional contributions cap - options
10 Dec 2024
Contributed by Lukas
It's that time of year when clients may receive an excess non-concessional contribution determination from the ATO. Craig Day and Tim Sanderson d...
Latest News - Nov/Dec 2024
10 Dec 2024
Contributed by Lukas
Craig Day, Tim Sanderson, Kim Guest, Alex Denham, Richard Chen & Sina Heng discuss the latest technical news: - What happened in the last da...
New Tax Determination clarifies deductibility of advice fees for individuals
10 Dec 2024
Contributed by Lukas
Craig Day and special guest Tony Negline discuss Tax Determination TD 2024/7, which updates the ATO's view on what part of the cost of advice provided...
Legacy pension conversions and reserves
08 Nov 2024
Contributed by Lukas
Craig Day and Tim Sanderson discuss draft regulations that will allow the commutation of certain non-commutable legacy income streams plus amendm...
Major changes to home care
08 Nov 2024
Contributed by Lukas
Craig Day and Kim Guest discuss the new Support at Home program which is proposed to commence 1 July 2025. Hosted on Acast. See acast.com/privacy fo...
Latest News - October 2024
08 Nov 2024
Contributed by Lukas
Craig Day, Tim Sanderson, Linda Bruce & Richard Chen discuss the latest technical news: - Upcoming Federal Budget - Accessing super und...
Are TTR strategies still effective?
01 Oct 2024
Contributed by Lukas
Craig Day and Tim Sanderson discuss the effectiveness of TTR strategies, taking into account recent changes in concessional caps, SG rates and margina...
Major aged care changes from 1 July 2025
01 Oct 2024
Contributed by Lukas
Tim Sanderson and Kim Guest discuss aged care reforms proposed to commence 1 July 2025 Hosted on Acast. See acast.com/privacy for more informati...
Latest News Sept 2024
01 Oct 2024
Contributed by Lukas
Craig Day, Tim Sanderson, Peter Wheatland and Kim Guest discuss the latest technical news. Hosted on Acast. See acast.com/privacy for more information...
How to exclude a small business CGT, personal injury or downsizer contributions from counting towards the NCCs cap
02 Sep 2024
Contributed by Lukas
Craig Day, Tim Sanderson and Richard Chen discuss an adviser question regarding the process of making a small business CGT, personal injury or downsiz...
Homeloan offset accounts vs redraw facilities
02 Sep 2024
Contributed by Lukas
Craig Day, Linda Bruce and Kim Guest compare the taxation and Centrelink implications of homeloan offset accounts vs redraw facilities. Ho...
Latest News - August 2024
02 Sep 2024
Contributed by Lukas
Craig Day, Linda Bruce, Tim Sanderson and Kim Guest discuss the latest technical news. Hosted on Acast. See acast.com/privacy for more inf...
Latest News - July 2024
06 Aug 2024
Contributed by Lukas
Craig Day, Linda Bruce, Richard Chen and Kim Guest discuss the latest technical news. Hosted on Acast. See acast.com/privacy for more inform...
Super contributions & the law of mistake
06 Aug 2024
Contributed by Lukas
Kim Guest interviews Craig Day regarding the law of mistake and when it may be applied in relation to the return of super contributions. Hosted o...
Question of the month - Centrelink assessment of multiple funeral investments
06 Aug 2024
Contributed by Lukas
Craig Day and Kim Guest discuss an adviser question regarding the Centrelink assessment of multiple funeral investments. Hosted on Acast. See acast.co...
Salary sacrifice considerations for 2024/25
01 Jul 2024
Contributed by Lukas
Craig Day, Tim Sanderson and Linda Bruce discuss some key considerations when planning salary sacrifice contributions in 2024/25. Hosted on Acast. See...
Division 296 tax with Peter Burgess
01 Jul 2024
Contributed by Lukas
Craig Day interviews Peter Burgess (CEO of the SMSF Association), about the implications of the proposed new Division 296 tax. Hosted on A...
Latest News - June 2024
01 Jul 2024
Contributed by Lukas
Craig Day, Tim Sanderson, Linda Bruce and Kim Guest discuss the latest technical news Hosted on Acast. See acast.com/privacy for more information...
Things to do before 30 June
31 May 2024
Contributed by Lukas
Craig Day, Linda Bruce and Kim Guest discuss a range of superannuation, tax and compliance issues to consider before 30 June. Hosted on Acast. See aca...
Latest News - May 2024
31 May 2024
Contributed by Lukas
Craig Day, Richard Chen and Kim Guest discuss the latest technical news for May 2024. Hosted on Acast. See acast.com/privacy for more information...
The impact of super rollovers on financial planning strategies
30 Apr 2024
Contributed by Lukas
Craig Day and Linda Bruce discuss the impact of super rollovers on eligible service periods, and how that can impact the tax treatment of a lump ...
Death benefit vs member benefit
30 Apr 2024
Contributed by Lukas
Craig Day and Kim Guest discuss the tax treatment when a client requests a super lump sum withdrawal but then dies before the payment is made. Hosted ...
Latest News - April 2024
30 Apr 2024
Contributed by Lukas
Craig Day, Linda Bruce, Kim Guest and Tim Sanderson discuss the latest technical news. Hosted on Acast. See acast.com/privacy for more information.
End of financial year superannuation strategies
28 Mar 2024
Contributed by Lukas
Craig Day and Linda Bruce discuss super strategies to implement towards the end of 2023-24, and to prepare for 2024-25. Hosted on Acast. See acast.com...
Who is a spouse for tax and super purposes?
28 Mar 2024
Contributed by Lukas
Craig Day and Alex Denham discuss how to determine whether the beneficiary of a super death benefit is a spouse for super and tax purposes. Hosted on ...
Latest News - March 2024
28 Mar 2024
Contributed by Lukas
Kim Guest and Linda Bruce discuss the latest technical news for March 2024. Hosted on Acast. See acast.com/privacy for more information.
Latest News - February 2024
29 Feb 2024
Contributed by Lukas
Craig Day, Tim Sanderson, Linda Bruce and Kim Guest discuss the latest technical news.For more information see ATO PBR 1052187560814 Subject: Superann...
Personal deductible contributions and Division 293 tax
29 Feb 2024
Contributed by Lukas
Craig Day and Peter Wheatland discuss how making a personal deductible contribution affects a client's Division 293 tax liability. Hosted on Acast. Se...
Latest News - What's in store for 2024?
08 Dec 2023
Contributed by Lukas
In this edition of latest news, we discuss the changes to super, tax, social security and aged care that are expected in 2024. Hosted on Acast. See ...
Principal home sale proceeds exemption
08 Dec 2023
Contributed by Lukas
Craig Day and Kim Guest discuss how the social security - principal home sale proceeds exemption works. Hosted on Acast. See acast.com/privacy for m...
Division 293 - comparing payment options
08 Dec 2023
Contributed by Lukas
Craig Day, Linda Bruce and Tim Sanderson discuss an adviser question - should Division 293 tax be paid from super or personally? Hosted on Acast. See ...
Winding up an SMSF
01 Nov 2023
Contributed by Lukas
Craig Day and Kim Guest discuss a range of advice issues to consider before winding up an SMSF. Hosted on Acast. See acast.com/privacy for more inform...
Draft legislation for the new Division 296 tax
01 Nov 2023
Contributed by Lukas
Craig Day and Tim Sanderson discuss draft legislation which applies an additional 15% tax on super earnings that correspond to a member's total s...
Increased flexibility for the First Home Super Saver Scheme
29 Sep 2023
Contributed by Lukas
Craig Day and Tim Sanderson discuss changes to the FHSS scheme that are designed to improve flexibility. Subsequent to the recording of this podcast,...
Advice implications of the stage 3 tax cuts
29 Sep 2023
Contributed by Lukas
Craig Day and Linda Bruce discuss the advice implications of the stage 3 tax cuts, which are legislated to commence 1 July 2024. Hosted on Acast. Se...
Latest News - Sept 2023
29 Sep 2023
Contributed by Lukas
Craig Day, Richard Chen, Alex Denham and Tim Sanderson discuss the latest technical news. Hosted on Acast. See acast.com/privacy for more infor...
Question of the month - Division 293 tax and super death benefits
01 Sep 2023
Contributed by Lukas
Craig Day and Linda Bruce discuss the implications of receiving a lump sum super death benefit on Division 293 tax. Hosted on Acast. See acast.com/pri...
Centrelink payment for carers
01 Sep 2023
Contributed by Lukas
Craig Day and Kim Guest discuss Centrelink payments for carers - Carer Payment, Carer Allowance and Carer Supplement. Hosted on Acast. See acast.com/p...
TBC event based reporting changes for SMSFs
31 Jul 2023
Contributed by Lukas
Craig Day and Mark Ellem discuss the implications of a recent legislative change requiring all SMSFs to report TBC events on a quarterly basis from 1 ...
Important tax return issues relating to financial planning strategies
31 Jul 2023
Contributed by Lukas
Craig Day and Linda Bruce discuss a number of important issues to be aware of when clients are lodging tax returns, that may impact the effectiveness ...
Mortgage stress - is super the answer?
27 Jun 2023
Contributed by Lukas
Craig Day, Linda Bruce and Alex Denham discuss whether clients can access their super if they are experiencing mortgage stress. Hosted on Acast. See a...
Personal deductible contributions - tips and traps
27 Jun 2023
Contributed by Lukas
Craig Day and Linda Bruce discuss some common traps when making personal deductible contributions and how to avoid them. Hosted on Acast. See acast.co...
SMSFs investing in ungeared unit trusts & companies (13.22C)
31 May 2023
Contributed by Lukas
Craig Day and Tim Sanderson discuss the advantages and disadvantages of a SMSF investing in a 13.22C trust or company. Hosted on Acast. See acast.com/...
Super, social security and terminal illness
31 May 2023
Contributed by Lukas
Craig Day, Linda Bruce and Kim Guest discuss a range of super and social security issues to consider when a client is diagnosed with a terminal illnes...
Should you rollover a grandfathered account based pension?
02 May 2023
Contributed by Lukas
Craig Day and Kim Guest discuss a number of issues that need to be considered when rolling over a grandfathered account based pension. Hosted on Acast...
Recontribution strategies - tips and traps
02 May 2023
Contributed by Lukas
Craig Day and Tim Sanderson discuss key considerations when implementing the recontribution strategy. Hosted on Acast. See acast.com/privacy for more ...
Interdependency relationships
28 Mar 2023
Contributed by Lukas
Craig Day and Julie Fox discuss the requirements for a beneficiary of a super death benefit to qualify as a tax dependant under the interdependency re...
Question of the month - Division 293 tax and carry forward concessional contributions
23 Feb 2023
Contributed by Lukas
Craig Day and Linda Bruce discuss an adviser question regarding the application of Division 293 tax when utilising carry forward concessional con...
Super and non-residents
23 Feb 2023
Contributed by Lukas
Craig Day and Julie Fox discuss a range of frequently asked questions regarding superannuation and non-resident issues. Hosted on Acast. See acast.com...
Transfer balance cap $1.9M from 1 July 2023
23 Feb 2023
Contributed by Lukas
Craig Day and Tim Sanderson discuss the implications of the indexation of the general Transfer Balance Cap to $1.9 million from 1 July 2023 Hosted on ...
CGT implications of inheriting a main residence
08 Dec 2022
Contributed by Lukas
Craig Day, Linda Bruce and Tim Sanderson discuss the CGT implications of a beneficiary disposing of a property that was inherited from a deceased esta...
Spouse equalisation strategies
08 Dec 2022
Contributed by Lukas
Craig Day and Julie Fox discuss a number of situations when equalising super balances between members of a couple may be beneficial. Hosted on Acast. ...
Question of the month - Total super balance vs transfer balance cap
08 Dec 2022
Contributed by Lukas
Craig Day, Kim Guest and Tim Sanderson discuss the similarities and differences between total super balance and transfer balance cap. Hosted on Acast....
Question of the month - Lifetime CGT cap timeframes
16 Nov 2022
Contributed by Lukas
Craig Day and Linda Bruce discuss some important timeframes when making super contributions under the lifetime CGT cap. Hosted on Acast. See acast.com...
Restructuring death benefit pensions
16 Nov 2022
Contributed by Lukas
Craig Day and Tim Sanderson discuss the taxation of death benefit pensions and the strategy options to receive pension payments tax effectively. Hoste...
Centrelink assessment of renting rooms, self-contained areas or dual occupancy
16 Nov 2022
Contributed by Lukas
Craig Day and Kim Guest discuss the Centrelink assessment of the principal home when a client rents out rooms in their home, a self-contained living a...
Question of the month - When does a super fund apply the tax-free uplift?
30 Sep 2022
Contributed by Lukas
Craig Day and Linda Bruce discuss whether the tax law allows the tax-free uplift to apply to a rollover super benefit. CPD points are available - ple...
Super death benefits paid to non-tax residents
30 Sep 2022
Contributed by Lukas
Craig Day, Linda Bruce and Tim Sanderson discuss the tax implications of a non-tax resident receiving a super death benefit. CPD points are available...
Enduring powers of attorney and SMSFs
30 Sep 2022
Contributed by Lukas
Craig Day, Tim Sanderson and Peter Wheatland discuss whether an enduring power of attorney can become trustee/director when a SMSF member loses capaci...
SMSF SuperStream rollover traps and how to avoid them
02 Sep 2022
Contributed by Lukas
Craig Day, with special guests Peter Burgess and David Busoli discuss a range of practical issues with using SuperStream for SMSF rollovers. Hosted on...
What qualifies as gainful employment
02 Sep 2022
Contributed by Lukas
Craig Day, Linda Bruce and Kim Guest discuss a variety of activities and whether they qualify as gainful employment. Hosted on Acast. See acast.com/pr...
Adding a reversionary beneficiary without a pension refresh
29 Jul 2022
Contributed by Lukas
Craig Day, Kim Guest and Linda Bruce discuss the Centrelink and estate planning considerations when adding or removing a reversionary beneficiary with...
Latest News July 2022
29 Jul 2022
Contributed by Lukas
Craig Day, Julie Fox, Kim Guest and Peter Wheatland discuss the latest technical news. Hosted on Acast. See acast.com/privacy for more information.
SMSFs investing in a private company
06 Jul 2022
Contributed by Lukas
Craig Day, Alex Denham and Tim Sanderson discuss a range of legal and practical issues that a SMSF trustee needs to consider before acquiring shares i...
High Court decision on SMSF binding nominations
06 Jul 2022
Contributed by Lukas
Craig Day and Clinton Jackson discuss the recent High Court decision in Hill v Zuda Pty Ltd, which determined whether a binding death benefit nominati...
Centrelink assessment when a member of a couple dies
04 May 2022
Contributed by Lukas
In this podcast we discuss the impact on the surviving partner's Age Pension when a member of a couple dies. Hosted on Acast. See acast.com/privacy fo...
Work test removal and recontribution conundrums
25 Mar 2022
Contributed by Lukas
In this podcast we discuss the opportunity to implement recontribution strategies due to the removal of the work test from 1 July 2022, including issu...
Deceased estates - taxation and Centrelink
28 Feb 2022
Contributed by Lukas
In this podcast we discuss the taxation and Centrelink treatment of a deceased estate. Hosted on Acast. See acast.com/privacy for more information.
Small business owner's retirement plans can impact tax and super
08 Dec 2021
Contributed by Lukas
Craig Day and Linda Bruce discuss the small business 15-year exemption, and the importance of ensuring it is in connection with retirement. If not pla...
SMSF central management and control
03 Nov 2021
Contributed by Lukas
Craig Day and Tim Sanderson discuss the SMSF central management and control test including tips, traps and strategies. Hosted on Acast. See acast.com/...