End of financial year planning checklist: What you should be doing now

With the end of the financial year fast approaching, now is a great time to pause and take stock of your finances. A simple review now can help ensure you’re organised, informed, and ready for 30 June.

Get your financial information in order

Start by gathering your key documents. Pull together income details, bank statements, investment records, and any supporting paperwork. Having everything in one place makes tax time easier. It also gives you a clearer picture of your overall financial position.

Review your expenses and records

Go through your expenses and check that your records are complete and up to date. Gaps in record-keeping tend to surface at EOFY. Catching them now avoids unnecessary stress later.

Reflect on the past 12 months

Beyond the admin, EOFY is a valuable opportunity to check in on your standing. Has your income changed? Have you made new investments or adjusted your portfolio? Are your finances still aligned with your goals? A quick review can flag anything that needs attention before the year wraps up.

Review your investment activity

Look at any investment activity over the year. Note the income you received and any changes you made to your portfolio. A clear picture of this activity makes it easier to track performance and stay on top of your broader financial plan.

Prepare for the year ahead

EOFY isn’t just about closing out the year. It’s also about setting yourself up for what comes next. Reviewing where things stand now helps you step into the new financial year with greater clarity, confidence, and control.

Speak with your adviser

If you’re unsure where to start or want a better understanding of your current position, your adviser can help. Getting in touch before 30 June means there’s still time to act on anything that needs attention.