July 2026 Insights
Aspirations Wealth constantly monitors the investment markets and aims to keep our valued clients regularly informed and updated. We aim to help investors cut through all the media noise and hype and understand what is really driving investment markets and portfolio returns.
In this edition we cover:
Start of the New Financial Year
Portfolio Valuation Changes: End of Financial Year
Key Superannuation Changes for 2026/2027
Start of a New Financial Year
With the commencement of the new financial year, many people take the opportunity to review their financial position and ensure they remain on track towards their long-term goals. Regular reviews play an important role in ensuring that your financial strategy remains aligned with any changing circumstances, objectives and priorities.
While headlines continue to focus on inflation, interest rates and global political events, it is important to remember that successful investing is built on discipline, diversification and maintaining a long-term perspective.
As always, our focus remains on helping our clients navigate changing market conditions while ensuring your portfolio remains aligned to your financial objectives.
Portfolio Valuation Changes: End of Financial Year
It is quite common during the first two weeks following 1 July for your portfolio balance to appear lower than expected.
This is often due to managed funds within your portfolio paying annual distributions. For example, if a fund manager pays a distribution of $5,000, the value of that fund will typically reduce by a similar amount when the distribution is declared.
The distribution payment is then processed and credited back to your account, which can take approximately one to two weeks. During this period, it may appear as though your portfolio has declined in value, when in reality the distribution is simply in the process of being paid.
There is no cause for concern. As the distributions are received and credited to your account over the coming weeks, your portfolio balance should adjust accordingly and resume reflecting its regular value.
Key Superannuation Changes for 2026/2027
As we enter the 2026/2027 financial year, a number of important superannuation changes have come into effect from 1 July 2026:
Super guarantee (SG) rate remains at 12%.
Payday superannuation has been introduced, requiring employers to pay Superannuation Guarantee contributions at the same time as employees receive their wages.
Concessional (pre-tax) contributions cap has increased from $30,000 to $32,500 per year.
Non-concessional (after-tax) contributions cap has increased from $120,000 to $130,000 per year.
Non-concessional bring-forward rule has increased from $360,000 to $390,000 over a three year period.
The transfer balance cap (maximum amount you can have in pension phase) has increased from $2 million to $2.1 million.
An additional 15% tax on earnings for superannuation balances exceeding $3 million.
Any advice contained in this insight/update is general advice only and does not take into consideration the reader's personal circumstances. To avoid making a decision not appropriate to you, the content should not be relied upon or act as a substitute for receiving financial advice suitable to your circumstances. When considering a financial product please consider the Product Disclosure Statement.
Aspirations Wealth Group is a Corporate Authorised Representative of Aspirations Private Wealth Pty Limited. ABN 57 622 182 076 – AFSL 503889.