Ian Ballantine was our chairperson for this morning's club meeting at Cilantro. Guests included Arturo Charlatan, Raj Daniels, and Gary Ramage. Charkes Rener joined via Zoom.CLUB ANNOUNCEMENTS
President Grant reminded everyone of changeover on Saturday 27/6. Linda has asked members planning to attend to also register their attendance on the club website. Also a reminder that payments are required before the event.
Next week's club meeting on 24/6 will be our last for the Rotary year at Cilantro, and when President Grant will present appreciation certificates.
Ron Brownlees has received information of a survey being conducted by Moorabbin Police. He will forward it to club members for their interest.
Ian Ballantine reminded everyone Helen Parker is running in the Melbourne Half Marathon on Sunday 12 July and raising funds for Interplast. Club members wishing to support Helen's fund raising campaign can donate funds via a link on the club website. Please check with Ian if you need any assistance.
GUEST SPEAKER - Club member and chartered accountant Geoff Gartly - Budget Update on Tax Issues
Geoff provided a very timely presentation on the budget update around the latest changes in taxation. There are three main tax reforms affecting Negative Gearing, Capital Gains Tax, and Trusts. There is a transition period before the changes are introduced with changes commencing 1/7/27 for Negative Gearing and Capital Gains Tax, and 1/7/28 for Trusts.. These changes will affect all corners of the community in some way. Geoff provided a summary of the changes and their impact with examples for explanation - however he advises professional advice should be sought for anyone affected by these changes directly. Fortunately, Superannuation and SMSFs are not affected. There were lots of questions and comments received from club members. Thank you Geoff for your interesting presentation on a topic that can be confusing and complicated for many.
ROSTERS
The rosters were announced before the meeting was closed.
Geoff provided a very timely presentation on the budget update around the latest changes in taxation. There are three main tax reforms affecting Negative Gearing, Capital Gains Tax, and Trusts. There is a transition period before the changes are introduced with changes commencing 1/7/27 for Negative Gearing and Capital Gains Tax, and 1/7/28 for Trusts.. These changes will affect all corners of the community in some way. Geoff provided a summary of the changes and their impact with examples for explanation - however he advises professional advice should be sought for anyone affected by these changes directly. Fortunately, Superannuation and SMSFs are not affected. There were lots of questions and comments received from club members. Thank you Geoff for your interesting presentation on a topic that can be confusing and complicated for many.
ROSTERS
The rosters were announced before the meeting was closed.
