PODCAST · business
FirstTech Podcast
by Craig Day
A podcast series for financial advisers looking at the latest technical issues and advice strategies that may impact investors and super fund members. Join Craig Day and members of the Colonial First State ‘FirstTech’ team as they discuss a broad range of advice issues, from superannuation and SMSFs, to social security rules and aged care. -Please note - these podcasts are designed for authorised financial advisers. If you are not an authorised financial adviser it is important you understand the content of the podcasts may be difficult to follow as it assumes you have the necessary training, qualifications and experience to understand the concepts discussed as well as the technical language used. If you still decide to listen please understand the information contained in this recording is general information only and does not take into account any of your personal circumstances, needs or objectives. Any scenarios considered during this podcast are purely hypothetical and are for illu
Episodes
-
Question of the month: Who pays SMSF establishment costs?
Craig Day and Tim Sanderson discuss the ATO's guidance on SMSF establishment costs, including when members can pay and be reimbursed, when those costs may be treated as contributions and which establishment expenses can be charged to the SMSF. Hosted on Acast. See acast.com/privacy for more...
-
Tax return tips to help implement financial planning strategies
As we step into the 2026-27 financial year, advisers are actively helping clients plan and implement strategies for the year ahead. However its just as important to look back, as the way clients complete their 2025-26 tax returns can have a direct impact on the success of the financial planning...
-
Latest News - September 2026
Craig Day, Linda Bruce, William Truong and Kim Guest discuss the latest technical news: Draft legislation for the 30% minimum tax on discretionary trusts 2026 Intergenerational Report and the implications for retirement and aged care advice How Payday Super is operating three months from...
-
Latest News - August 2026
Craig Day, Linda Bruce, Tim Sanderson, Alex Denham and Kim Guest discuss the latest technical news: CGT and negative gearing changes, in situations involving death and relationship breakdown Proposed super reforms in relation to SMSFs Changes to the payment of pension supplement when going…
more -
Protecting SMSFs: Understanding the Proposed Reforms
Peter Burgess, CEO of the SMSF Association talks to Craig Day about the proposed super reforms to strengthen customer protections in relation to SMSFs. Hosted on Acast. See acast.com/privacy for more information.
-
Capital gains taxed at minimum 30% rate - impact on personal deductible contribution strategies
From the 2027-28 financial year, significant changes to CGT rules mean that some clients will realise capital gains that are subject to a minimum 30% tax rate. For these clients, the benefit of making a personal deductible super contribution, as well as the optimum contribution amount, may change...
-
Latest News - July 2026
Craig Day, William Truong, Richard Chen and Kim Guest discuss the latest technical news: Release of Treasury consultation paper on proposed tax changes to discretionary trusts ATO releases guidance on SMSF LRBA ban on residential property Changes to UK pension transfers Hosted on Acast. See...
-
Proposed minimum tax on discretionary trusts
Following the May 2026 Federal Budget announcement to introduce a 30% minimum tax on discretionary trusts from 1 July 2028, Treasury released a consultation paper in early July. In this podcast, Craig Day and Linda Bruce discuss how the proposed reforms could significantly affect clients who...
-
Extended land use test and aged care
Craig Day and Kim Guest discuss the Centrelink and aged care implications of a person who is eligible for the extended land use test entering residential aged care. Hosted on Acast. See acast.com/privacy for more information.
-
Question of the month: Defined benefit pensions and Division 296 tax
Craig Day and Tim Sanderson discuss an interesting and complex adviser question 'My client has a defined benefit pension - how do I know if they will be subject to Division 296 tax?' Hosted on Acast. See acast.com/privacy for more information.
-
FAQs: Increasing property debt and interest deductibility explained
During the May Federal Budget, the Government announced that existing properties held as at 12 May 2026 will be exempt from the negative gearing changes commencing on 1 July 2027. This has promoted increased adviser queries on whether clients can boost interest deductions by increasing property...
-
Latest News - June/July 2026
Craig Day, Tim Sanderson, Linda Bruce and Sina Heng discuss the latest technical news: Federal Budget tax reform bills have passed - discussion on significant developments including bans on SMSF LRBA for residential property and changes to small business concessions Release of Division 296...
-
Question of the month: Carry forward concessional contributions & myGov
Tim Sanderson, Alex Denham and Richard Chen discuss an adviser question regarding unused carry forward concessional contribution amounts displaying on myGov and situations where amounts may not be displaying correctly. Hosted on Acast. See acast.com/privacy for more information.
-
Federal Budget - proposed tax changes FAQ
Craig Day and Tim Sanderson answer many of the questions we have received from advisers regarding the proposed CGT, negative gearing and discretionary trust tax changes. The answers are based on both the Federal Budget papers as well as newly introduced legislation which includes the proposed...
-
Latest News - May 2026
Craig Day, Tim Sanderson and Kim Guest discuss the latest technical news. Federal Budget - draft legislation released on CGT and negative gearing changes New legislation allowing victims of child abuse to access offenders super Recent announcement regarding the Support at Home program Reminder...
-
Question on the month: Granny flat arrangements
Craig Day and Kim Guest discuss this month's question of the month, which discusses how the Centrelink granny flat rules apply when a client wants to create multiple granny flat arrangements. Hosted on Acast. See acast.com/privacy for more information.
-
Leave payments on retirement: Lump sum vs taking leave
Clients who are considering retiring often have outstanding accrued periods of annual leave and/or long service leave. In many cases, clients have a choice between receiving outstanding leave as a lump sum upon terminating employment and taking any accrued leave prior to terminating employment....
-
Latest News - April 2026
Craig Day, Tim Sanderson, Linda Bruce and Kim Guest discuss the latest technical news: Upcoming Federal Budget Proposed $1,000 tax deduction for work related expenses Home based businesses and small business CGT concessions Upcoming changes to Total Super Balance and defined benefit pensions…
more -
Payday Super - Impact on contribution strategies
From 1 July this year, the new Payday Super reforms come into effect which generally require employers to make SG contributions at the same time as they pay salary and wages. This change could have implications for advisers and their clients where it results in an increase in concessional...
-
Q&A: End of financial year super strategies
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. Hosted on Acast. See acast.com/privacy for more information.
-
Latest News - March 2026
Craig Day, Tim Sanderson, Linda Bruce and Richard Chen discuss the latest news: Upcoming Federal Budget Division 296 tax - latest developments Personal Services Income and trusts - ATO update Payday Super - contribution cap implications Hosted on Acast. See acast.com/privacy for more information.
-
The latest Division 296 tax proposal
Craig Day and Tim Sanderson discuss the recently introduced Division 296 tax bill which proposes to levy additional taxes on the superannuation earnings of members with total super balances in excess of $3m. While some aspects of the new Bill are similar to the original proposals, the proposed…
more -
Latest News - Feb 2026
Craig Day, Tim Sanderson, Alex Denham and Kim Guest discuss the latest technical news: Indexation of the transfer balance cap from 1 July 2026 - things to watch out for Indexation of the contribution caps - potential strategy opportunities Brief discussion on Division 296 bill currently before...
-
Question of the month: Why does my client have excess non-concessional contributions?
Craig Day and Kim Guest answer our question of the month, which discusses situations where a client receives an excess non-concessional contribution determination and are trying to figure out what went wrong. The answer may surprise you. Hosted on Acast. See acast.com/privacy for more information.
-
Transfers from foreign retirement schemes that are not foreign super funds
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 account. If the overseas retirement scheme qualifies as a foreign super fund, a lump sum transfer from the scheme can receive tax concessions under...
-
Latest News - November 2025
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 proposed changes to Division 296 tax up to? Proposed changes to LISTO ATO private ruling on whether an adult child qualifies as a tax financial...
-
Significant changes announced to Division 296 tax proposal
On 13 October 2025, the Treasurer announced significant changes to the yet to be legislated Division 296 tax rules – which proposes to tax the earnings attributable to a person’s total super balance over $3m at higher rates. In this podcast we discuss the proposed changes, what they could...
-
Latest News - October 2025
Craig Day, Linda Bruce, Richard Chen, Alex Denham and Kim Guest discuss the latest technical news including changes announced to the proposed Division 296 tax, Payday Super, super releases under compassionate grounds, ATO directing SMSF trustees to undertake education and 1 November 2025 aged…
more -
Question of the month - What happens when a SMSF trustee undertakes work for the SMSF?
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 fund asset that they technically need to charge for to avoid the fund incurring a non-arm’s length expense. Hosted on Acast. See acast.com/privacy for…
more -
Question of the month - CGT & the Main Residence Trap for Non-Residents
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 their former main residence in Australia. Will they qualify for the main residence exemption? Hosted on Acast. See acast.com/privacy for more...
-
Recontribution strategies: What works, what doesn't
Craig Day and Tim Sanderson discuss one of the most widely used superannuation strategies: the re-contribution strategy. Done right, this strategy has a number of benefits for many clients. However, get it wrong and it can create frustrating headaches that are hard to fix. Hosted on Acast. See...
-
Latest News - September 2025
Craig Day and Kim Guest discuss the latest technical news including upcoming aged care reforms, ATO corporate plan for SMSFs, update on Division 296 and the deeming rate increase. Hosted on Acast. See acast.com/privacy for more information.
-
Question of the month: The Ins & Outs of Downsizer Contributions for Couples
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 both own their own home. Who can make a downsizer contribution and in respect of which home? Hosted on Acast. See acast.com/privacy for more...
-
Death Benefit Pensions: The 5 Most Asked Questions
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. However, these death benefit pensions have a number of rules and issues associated with them that can unexpectedly catch advisers out from time to...
-
Latest News - August 2025
Craig Day, Tim Sanderson, Linda Bruce, Kim Guest and Peter Wheatland discuss the latest technical news including the increase to deeming rates, economic roundtable, consultation on retirement income streams and ATO warnings on accessing super on compassionate grounds. For more information, see...
-
Question of the month: Company directors and the retirement condition of release
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 a private company. Hosted on Acast. See acast.com/privacy for more information.
-
Important tax return issues relating to financial planning strategies
Craig Day and Linda Bruce explore key components of individual tax returns that must be accurately completed to ensure the effective implementation of financial planning strategies recommended by advisers. Hosted on Acast. See acast.com/privacy for more information.
-
Latest News - July 2025
Craig Day, Richard Chen and Kim Guest discuss the latest technical news including recent Bills introduced to the new Parliament, proposed changes to Total Super Balance from 1 July 2025, waiving social security debts relating to commuting legacy pension and much more... Hosted on Acast. See...
-
Question of the month: Timing & Varying Notices of Intent to Claim Super Deductions
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 increasing and decreasing the amount claimed as a deduction, as well as timing issues that can cause things to go wrong. For more information…
more -
Division 296 - Super Tax Strategies & Withdrawal Timing
Craig Day and Tim Sanderson discuss the proposed Division 296 tax. FirstTech have received many questions regarding clients who have decided they want to withdraw funds from super to avoid the tax, but are unsure of the best time to make the withdrawal to reduce possible capital gains tax...
-
Latest News - June 2025
Craig Day, Tim Sanderson, Richard Chen and Kim Guest discuss the latest technical news including Transfer Balance Cap indexation displaying on myGov, deferral of aged care changes to 1 November, 20% reduction in student HELP debts, scams targeting Centrelink recipients and super members, and how…
more -
Contribution splitting - Frequently asked questions
Craig Day and Linda Bruce unpack the top 6 questions advisers commonly ask about the popular strategy of splitting concessional super contributions Hosted on Acast. See acast.com/privacy for more information.
-
Latest News - May 2025
Craig Day, Kim Guest and Peter Wheatland discuss the latest technical news including an update on the proposed Division 296 tax, guidance issued by the FAAA on the deductibility of financial advice fees, the Centrelink deeming rate freeze and 3 tips to make the end of financial year go smoothly....
-
Division 296 - Where are we now?
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 tax works, including the controversial inclusion of unrealised capital gains, and what advisers need to consider now. Hosted on Acast. See...
-
Updating investment balances with Centrelink: Tips and Timing
Craig Day and Kim Guest discuss the process of updating investment balances with Centrelink, including account based pensions, super in accumulation phase, shares, managed funds and bank balances. Does a client need to update Centrelink or does Centrelink receive the updated values automatically?...
-
Consequences of an SMSF failing the minimum pension standards
Where an SMSF paying an account based pension fails the pension standards such as not paying the minimum annual payment, it can have significant consequences. The can include increased fund tax liabilities and the merger of a members different super interests. In addition, following recent ATO...
-
Latest News - Federal Election wrap up and more...
In this special edition of Latest News, following the Federal Election we delve into the winning parties policy announcements that impact financial advice, including taxation and housing policy. Hosted on Acast. See acast.com/privacy for more information.
-
End of financial year super strategies 2024-25
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 Day and Linda Bruce. Hosted on Acast. See acast.com/privacy for more information.
-
Latest News - March 2025
Craig Day, Tim Sanderson, Alex Denham and Kim Guest discuss the latest technical news including Payday Super, aged care reforms and lifetime income streams. Hosted on Acast. See acast.com/privacy for more information.
-
Navigating minimum annual pension payment rules
Craig Day and Tim Sanderson discuss the minimum annual payment requirements for account based pensions in a variety of circumstances including partial commutations, full commutation and rollover, or where a client dies part way through a financial year. For more information see the FIrstTech...
We're indexing this podcast's transcripts for the first time — this can take a minute or two. We'll show results as soon as they're ready.
No matches for "" in this podcast's transcripts.
No topics indexed yet for this podcast.
Loading reviews...
ABOUT THIS SHOW
A podcast series for financial advisers looking at the latest technical issues and advice strategies that may impact investors and super fund members. Join Craig Day and members of the Colonial First State ‘FirstTech’ team as they discuss a broad range of advice issues, from superannuation and SMSFs, to social security rules and aged care. -Please note - these podcasts are designed for authorised financial advisers. If you are not an authorised financial adviser it is important you understand the content of the podcasts may be difficult to follow as it assumes you have the necessary training, qualifications and experience to understand the concepts discussed as well as the technical language used. If you still decide to listen please understand the information contained in this recording is general information only and does not take into account any of your personal circumstances, needs or objectives. Any scenarios considered during this podcast are purely hypothetical and are for illu
HOSTED BY
Craig Day
Loading similar podcasts...
Frequently Asked Questions
How many episodes does FirstTech Podcast have?
FirstTech Podcast currently has 142 episodes available on PodParley. New episodes are automatically indexed when they're published to the podcast feed.
What is FirstTech Podcast about?
A podcast series for financial advisers looking at the latest technical issues and advice strategies that may impact investors and super fund members. Join Craig Day and members of the Colonial First State ‘FirstTech’ team as they discuss a broad range of advice issues, from superannuation and...
How often does FirstTech Podcast release new episodes?
FirstTech Podcast publishes regularly with 142 episodes available. Check the episode list for the typical release schedule.
Where can I listen to FirstTech Podcast?
You can listen to FirstTech Podcast on PodParley by clicking any episode. We provide an embedded audio player for direct listening, and you can also subscribe via your preferred podcast app using the RSS feed.
Who hosts FirstTech Podcast?
FirstTech Podcast is created and hosted by Craig Day.
URL copied to clipboard!