Hurney Partners

Hurney Partners North Queensland's trusted family-owned accounting practice with offices in Cairns and Innisfail.

At Hurney Partners, we want to make your life easier by helping you improve the management of the day to day operations of your business. Our team will take the time to understand your business, its operations, systems and processes. With this background knowledge, we can then work with you to bring efficiencies to your business management and free up more of your time to focus on the growth of yo

ur business. With your business running smoothly, there will be more time for you to spend “on” your business – reviewing performance, exploring opportunities and giving you time to “plan for tomorrow”.

Big changes coming to Capital Gains Tax - here's what small business owners need to know 👇The Albanese Government announ...
28/08/2026

Big changes coming to Capital Gains Tax - here's what small business owners need to know 👇

The Albanese Government announced a significant overhaul to Capital Gains Tax (CGT) as part of the 2026-27 Federal Budget - here's what it means for small business owners.

What's changing:
From 1 July 2027, the current 50% CGT discount (the one you get when you hold an asset for more than 12 months) will be replaced by an inflation-based indexation model, similar to how things worked pre-1999. A 30% minimum tax on net capital gains will also apply.

What's NOT changing:
The four small business CGT concessions under Division 152 have been carved out of the reform entirely and remain in place. The active asset reduction threshold is also being lifted to $10 million from 2027–28.

If you need help making sense of this, or how it affects your situation, book a chat with the team at Hurney Partners. We'll cut through the noise and tell you exactly where you stand.

🌐 hurneypartners.com.au

Wishing Glenn a very Happy Birthday today! 🥳This proud-dad photo was taken last month at his son Ethan's Year 12 Graduat...
22/07/2026

Wishing Glenn a very Happy Birthday today! 🥳

This proud-dad photo was taken last month at his son Ethan's Year 12 Graduation!

Congrats to Ethan, and Happy Birthday to Glenn! 🎓🎂

💦 Due to a water leak and damage to our Cairns office, we have temporarily relocated!💦 You'll now find us just up the ro...
20/07/2026

💦 Due to a water leak and damage to our Cairns office, we have temporarily relocated!

💦 You'll now find us just up the road at Level 1, 128 Spence Street (on the corner of Spence & Draper Streets).

17/07/2026

The Cairns office is closed today for the Cairns Show Public Holiday. 🎡

Innisfail is open as normal.

Whether you're going to the show, or just enjoying this stunning weather, have a great weekend. ☀️⛱️

Happy New Financial Year! 🎉A fresh 12 months, a clean slate, and (hopefully) a tidier set of books than last year 😉Here'...
30/06/2026

Happy New Financial Year! 🎉

A fresh 12 months, a clean slate, and (hopefully) a tidier set of books than last year 😉

Here's to a smooth, profitable FY27 for all the small business owners and family businesses keeping our region ticking along.

Need a hand getting started on the right foot this year? We'd love to help.

Visit hurneypartners.com.au to book an appointment.

⏰ 30 June is almost here - last chance to tick these off your EOFY checklist.✅ Super for employees - needs to be paid to...
24/06/2026

⏰ 30 June is almost here - last chance to tick these off your EOFY checklist.

✅ Super for employees - needs to be paid to the fund before 30 June to claim this financial year

✅ Super for business owners - must be paid and received by your super fund by 30 June

✅ Suppliers & bills - pay down what you can. It may sting the cash flow now, but it'll help your tax position

✅ Prepayments - got rent or insurance due in the next few months? Paying in advance now could work in your favour

✅ Bad debts - review your outstanding invoices and write off anything that's genuinely uncollectable before 30 June

Got last-minute questions? We're here.

📍 Cairns | Innisfail

🔗 hurneypartners.com.au

Big one for employers 👇Payday Super lands 1 July 2026 - and it's a genuine shift in how super works.From that date, supe...
19/06/2026

Big one for employers 👇

Payday Super lands 1 July 2026 - and it's a genuine shift in how super works.

From that date, super has to be paid alongside wages every pay run (not quarterly), and it needs to hit your employee's fund within 7 business days of payday.

A few other things changing at the same time:

✅ The ATO's Small Business Super Clearing House closes 30 June
✅ The Super Guarantee rate rises to 12%
✅ Late payments now come with daily compounding interest + penalties of up to 60% on the shortfall

If you're still on the SBSCH or running super quarterly, now's the time to sort it - not 30 June.

We're helping FNQ businesses get payroll-ready right now. Give us a call and we'll walk you through it. 📞

❄️ We're proud to be part of Big Freeze 12.This weekend, the MCG turns blue as Australia comes together for FightMND - c...
04/06/2026

❄️ We're proud to be part of Big Freeze 12.

This weekend, the MCG turns blue as Australia comes together for FightMND - celebrities taking the icy plunge down the Big Freeze slide ahead of the Collingwood vs Melbourne King's Birthday clash.

But this year, it hits a little differently.

Neale Daniher - AFL legend and the man who co-founded FightMND after his own MND diagnosis in 2013 - passed away on 25 May, aged 65.

For over a decade, he fought what he called "the Beast" with a courage that inspired an entire nation.

The whole Hurney Partners team has grabbed a digital Big Freeze 12 beanie - grab yours at www.fightmnd.org.au

Play on, for Neale. 💙

📊 FEDERAL BUDGET 2026–27: What You Actually Need to KnowThe budget dropped on 12 May with some of the biggest tax change...
14/05/2026

📊 FEDERAL BUDGET 2026–27: What You Actually Need to Know

The budget dropped on 12 May with some of the biggest tax changes in decades.

Most don't kick in until 2027 or later — but there are planning moves you should make NOW.

Here's what matters:

💰 $250 tax offset for workers
📝 $1,000 no-receipt work deduction
🏠 Major property & negative gearing changes
⚠️ New 30% minimum tax on trusts (this one's big)
📈 CGT changes from 2027
💼 Expanded small business support

---

PROPERTY INVESTORS — PAY ATTENTION

From July 2027, negative gearing only works on NEW BUILDS.

Existing properties you already own? Fully grandfathered.
Existing properties you buy after Budget night? Losses get quarantined.

The numbers have changed. If you're buying or selling property soon, this affects you.

---

TRUST HOLDERS — THIS IS CRITICAL

New 30% minimum tax from July 2028.

What this actually means:
✖️ Income splitting benefits slashed
✖️ "Beneficiary company" strategies are mostly dead
✖️ Non-refundable tax credits = lost money for low-income beneficiaries

The upside: You've got a 3-year restructuring window.

Recommend you review your position now, not in 2028.

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SMALL BUSINESS WINS

✅ $20k instant asset write-off — now PERMANENT
✅ Loss carry-back for companies (cash refunds)
✅ Start-up loss refunds from 2028
✅ More PAYG flexibility

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We've cut through the politician speak and broken down what actually matters.

Full breakdown with worked examples, real-world scenarios, and what you should do about it:

👉 https://hurneypartners.com.au/blog/federal-budget-2026-breakdown

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If any of these changes affect your situation, don't wait.

Want to talk through your specific position? Get in touch.
https://hurneypartners.com.au/book-an-appointment

Hurney Partner's would like to wish a very Happy Mother's Day to all the amazing mum's in our lives. 🌸We'd also like to ...
09/05/2026

Hurney Partner's would like to wish a very Happy Mother's Day to all the amazing mum's in our lives. 🌸

We'd also like to wish Haidee a very happy birthday today too! 🎂

Address

6 Owen Street
Innisfail, QLD
4860

Opening Hours

Monday 8:30am - 5pm
Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 4pm

Telephone

+61 7 4061 1085

Website

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