NOTE: we do our best to share general information so you can do your own research but keep in mind this information doesn’t consider your personal circumstances, objectives or needs. When it comes to investing, you should consider if it’s appropriate to you. Always read PDS and TMDs and reach out to a financial adviser and tax accountant if you're uncertain. There may be tax implications when investing, and you should get advice from a licensed tax adviser and financial adviser.

The end of financial year (EOFY) is more than receipts and returns. It’s also a chance to pause, tidy up and reset your finances.

Whether you're contributing to super, building a share portfolio, or just keeping things ticking along, it’s worth checking in. A little prep now can save time, stress and maybe even money later.

This article covers 11 things you can do to help you feel more in control heading into the new financial year .

This list covers the big stuff – contributions, caps, and key cut-off dates – along with smaller admin tasks that need some attention. You don’t need to tick every box, just the ones that make sense for your situation. And if you have any complex questions relating to your tax, reach out to a registered tax accountant.

1. Review any changes to the superannuation guarantee rate – and how they affect you

From 1 July 2025, the superannuation guarantee (SG) rate is scheduled to increase from 11.5% to 12%. This change affects most working Australians.

The SG is the minimum your employer must pay into your super fund . It’s based on your ordinary time earnings, not your take-home pay.

Why does it matter? For starters, it could impact how much goes into your super next financial year. If you salary package or make extra contributions , it may also affect your strategy.

It’s a small change, but worth knowing – especially if you’re close to contribution limits or planning to boost your super before 30 June.

2. Track how much concessional super you’ve contributed

The concessional contributions cap is $30,000 for the 2024–25 financial year. It applies to most people, regardless of income.

Concessional contributions include employer SG payments , salary sacrifice, and personal contributions claimed as a tax deduction.

If your total super balance is under $500,000, you may be able to use the carry-forward rule. This rule lets you use any unused concessional cap amounts from the past five years.

If you’ve got some room left and it suits your goals, now might be a good time to consider topping up your super before 30 June.

Everyone’s situation is different, so no online resource can give you the perfect answer. Consider consulting with a financial adviser to figure out what’s right for you.

3. Know your non-concessional super cap

The non-concessional contributions cap is $120,000 for the 2024–25 financial year. If you're eligible, you can also bring forward up to three years’ worth – up to a total of $360,000.

Non-concessional contributions are made from after-tax money and aren’t taxed again in your super fund.

This cap might matter if you're looking to boost your retirement savings or using a strategy like re-contributing after a withdrawal.

Before making any after-tax contributions , check your total super balance. If it’s too high, you may not be eligible to contribute – or to use the bring-forward rule.

As always, consider your personal circumstances to decide if this is a box you’d like to tick this EOFY.

4. Maximise your First Home Super Saver (FHSS) contributions

The First Home Super Saver (FHSS) scheme helps eligible Australians grow a home deposit by making voluntary contributions to super.

You can contribute up to $15,000 per financial year, up to $50,000 in total across all years. To count for this financial year, you’ll need to make contributions before 30 June. That includes both concessional and non-concessional contributions.

If you're planning to use the FHSS scheme in the future, now could be a good time to check your balance and consider next steps.

Just keep in mind – FHSS rules can be complex, and it won't suit everyone, so make sure it’s right for you before making any moves.

5. Review any ETF or share sales made during the year

If you’ve sold any exchange-traded funds (ETFs) or shares this financial year, those gains or losses are usually assessed at tax time. You may be eligible for a capital gains discount if you held the investment for more than 12 months.

You might want to check your holding dates, trade history, and any records linked to those sales.

We don’t give tax advice, but reviewing your investments before 30 June can help you feel more prepared – and know when to ask for help.

6. Review your dividend statements

Check how much income you’ve received from dividends this financial year. It helps paint a clearer picture of your earnings. Some dividends include franking credits , which may impact your tax return depending on your situation.

If you’re enrolled in a dividend reinvestment plan (DRP) , review whether it still aligns with your strategy.

Keeping track of these details can make things easier when tax time rolls around.

7. Revisit your investment strategy and goals

EOFY is also a reasonable time to check in on your investment plan. Start with the basics: has anything changed this year? Think about your income, timeline, or how comfortable you are with risk. Even small changes can affect your approach.

You might be closer to a home deposit . Or maybe your retirement plans have shifted. That could mean adjusting your contributions or asset mix.

You don’t have to start from scratch; a quick review can help you stay on track with what matters most to you.

8. Double-check your auto-invest and contribution settings

If you’ve set up recurring investments, now’s a good time to make sure they still reflect your goals.

Has your income changed? Are you contributing more or less than you planned? Are your auto-investing settings still aligned with your budget?

Check your scheduled transfers, frequency, and allocation. A small tweak now could help you stay on track for the new financial year.

EOFY is a natural reset point. Reviewing your settings can potentially give you more control and confidence heading into the year ahead.

9. Do a quick personal budget check-in

Take a moment to review your budget . Are your spending, saving, and investing habits still working for your current situation?

If anything changed – like income, expenses or financial goals – t hese changes can affect how much you’re able to invest.

You might find extra capacity to invest next year. Or you may decide to pull back for a while. Either is fine.

10. Sort your record keeping and digital admin

Good records make EOFY much easier. Check that your investment and super documents are complete and up to date.

Organise your dividend statements, DRP notices, trade summaries and contribution receipts. Store them in one place that you can easily access. Getting these documents in order also makes it simpler for your tax accountant to help you file your returns.

If you’ve made personal super contributions and plan to claim a tax deduction, make sure you’ve submitted a notice of intent . Also, check your super fund has your tax file number (TFN) . Without it, you could miss out on contributions or pay extra tax.

Taking care of the admin now can save time and hassle later.

11. Know your tax-time deadlines

Remember, the key EOFY date is 30 June. Super contributions, FHSS amounts, and other payments must clear before then to count this year.

If you're lodging your tax return yourself, the deadline is 31 October, but using a registered tax agent may give you more time.

Note that some actions rely on lodging your tax return. For example, releasing FHSS savings or finalising your HELP debt indexation.

If you're claiming a deduction for personal super contributions, you’ll also need to lodge a notice of intent before your return is submitted.

Start the new financial year on the front foot

EOFY doesn’t have to be a scramble. A few small steps now can make things clearer, calmer and easier to manage later.

Whether you’re growing your super, saving for a first home, or investing for the long term, a little planning helps.

It’s a long list – but not every item will be relevant to you. Just focus on the EOFY prep that works for you.

NOTE: The information in this article is accurate at the time of publication.