The EOFY checklist and what you need to think about for the year ahead
A practical end-of-financial-year checklist for people in midlife - from super contributions and tax strategies to insurance, investments and the financial moves worth reviewing before June 30.
Ad - Before we start — a big thanks to our podcast sponsor this week, Aware Super
Simple EOFY checks for your super
As the end of financial year approaches, it’s a good time to check in on your super.
Small actions before 30 June can make a big difference later. This might include reviewing how much you’re contributing, understanding how super can be taxed differently to income outside super, and making sure key details like insurance cover and beneficiary nominations are up to date.
Taking a little time now can help your super work harder for you over the long term.
Consider if this is right for you and read the PDS and TMD on website. Issued by Aware Super Pty Ltd, trustee of Aware Super.
Every year around this time, we start hearing the same things: Top up your super. Save on tax. Don’t miss the deadlines.
But this year feels a little different, especially off the back of the budget, and a lot of people in midlife are wondering: are the old strategies still worth it?
So in this week’s episode of Prime Time, we cut through the noise and put together a practical end-of-financial-year checklist for real people.
I sit down with financial planner Paul Benson to talk through the smartest EOFY moves for people in their 40s, 50s and 60s; from super contributions and tax strategies to debt, investments, insurance and the changes people should be thinking about now.
I also chat with Peter Hogg from Aware Super about the superannuation housekeeping tasks many people overlook, and why a few small actions before June 30 can make a meaningful difference to both your tax position and your long-term retirement balance.
LISTEN TO THIS EPISODE OF THE PODCAST HERE:
Highlights of the conversation:
The highest impact EOFY moves for people in their 40s, 50s and 60s: Where should you start if you’ve done no planning at all this year.
How concessional and non-concessional contribution caps actually work, and why many people still have unused opportunities available.
The “bring forward” strategy explained: What to do if you’ve received an inheritance, redundancy or lump sum cash payment.
Should you build wealth inside or outside super right now? Paul unpacks the trade-offs between super, debt reduction and investing personally.
Why the transfer balance cap matters more than many people realise, especially for couples planning retirement together.
The surprising strategy some people use to pay off their mortgage faster using super.
What the proposed changes to capital gains tax and family trusts could mean for retirement planning strategies.
The five key things every 55-year-old should review before June 30.
The super housekeeping tasks people forget: beneficiary nominations, insurance cover and checking whether your current setup is still fit for purpose.
Plus: the changes business owners need to prepare for from July 1 when super payments move to payday super requirements.
From Bec’s Desk
Happy Prime Time podcast day!
I’ve saved writing this for Thursday morning, after the Chant West Superannuation Fund of the Year Awards last night. These are the industry’s big awards program - and while they aren’t designed for consumers they certainly evaluate the things funds are doing well, and celebrate those really leading the way.
So to share the excitement, here’s some of the highlights:
Superfund of the Year 2026 (Accumulation Fund): Aware Super
Pension Fund of the Year 2026 (Retirement Phase): Aware Super
Best Fund - Investments 2026: Hostplus
Best Fund - Member Services 2026: Aware Super
Best Fund - Lifetime Product 2026: AMP MyNorth Lifetime
Best Fund - Advice Services 2026: Brighter Super
Best Fund - Digital Advice: AMP Super
There was plenty of other more industry-centric and adviser centric awards. To see them - head to the Chant West website here.
Congratulations to all the funds celebrating wins. And to everyone watching on - smile and know all the funds were there, hoping their efforts would be judged worthy!
Now - get in there and start listening to this week’s show. Planning for financial year end is more important than ever now the budget changes are expected to hit Parliament this week.
Thanks for listening! Cheers Bec Xx
