As the financial year draws to a close, it’s the perfect time to pause, reflect, and prepare. Whether you’re a PAYG employee or self-employed, reviewing your financial position before June 30 can help you maximise opportunities, reduce stress, and set yourself up for success in the new year.
Here are four important areas to focus on:
1. Chat to Your Accountant
If you’re self-employed or earning a higher income, your accountant should be your best friend this time of year. They can guide you through smart strategies to legally minimise tax — whether it’s through super contributions, equipment purchases, or other deductible expenses.
It’s important to have this conversation before the end of June to make the most of any opportunities that won’t be available after the clock ticks over into the new financial year.
2. Review Your Income and Expenses
EOFY is a great time to analyse what’s been coming in and what’s been going out — both personally and professionally. Are you managing your cash flow well? Are there areas where you’re overspending or underutilising resources?
For self-employed clients, having clear, up-to-date financial records can also make applying for finance much smoother when the time comes.
3. Explore Finance Options
Planning to grow, invest or consolidate in the next 6–12 months? Now’s the time to start the conversation. Whether it’s a new property purchase, refinancing, business or vehicle finance, getting your paperwork and strategy in place now can save you time and money later.
EOFY is also when some lenders release limited-time offers or assess applications a little more quickly — especially for business and asset finance.
4. Check Your Existing Loans
It’s easy to “set and forget” your home or business loans, but are they still working for you?
✅ Have your interest rates crept up?
✅ Are there better features available now?
✅ Could a refinance or loan restructure save you money or improve flexibility?
A quick review could uncover savings or benefits you weren’t aware of — especially with ongoing changes in the lending market.
Let’s make EOFY work for you — not the other way around.
If you’d like help reviewing your current finance options or preparing for what’s next, feel free to get in touch. We’re here to support you every step of the way.