Understanding the End of Financial Year
EOFY stands for End of Financial Year. In Australia, EOFY falls on 30 June each year, marking the end of the Australian financial year. The new financial year begins on 1 July. For the 2025–26 financial year, the period ran from 1 July 2025 to 30 June 2026.
For shoppers, businesses and homeowners, EOFY is also widely associated with EOFY sales, when retailers offer promotions, clearance pricing and special offers as they prepare for the new financial year.
Quick Facts About EOFY
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EOFY meaning: End of Financial Year
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EOFY date in Australia: 30 June
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New financial year begins: 1 July
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2025–26 financial year: 1 July 2025 – 30 June 2026
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2026–27 financial year: 1 July 2026 – 30 June 2027
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EOFY sales: Often promoted by Australian retailers around June and into early July
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Common EOFY shopping categories: Furniture, homewares, appliances, technology, fashion, office furniture and business equipment
The Australian Taxation Office (ATO) confirms 30 June as an important end-of-financial-year date, with various tax and reporting obligations tied to this date.
When Is EOFY in Australia?
EOFY is 30 June every year.
For example:
| Financial Year |
Start Date |
EOFY |
| 2024–25 |
1 July 2024 |
30 June 2025 |
| 2025–26 |
1 July 2025 |
30 June 2026 |
| 2026–27 |
1 July 2026 |
30 June 2027 |
| 2027–28 |
1 July 2027 |
30 June 2028 |
So, if you're searching “when is EOFY?”, the simple answer is:
EOFY in Australia is 30 June.
Why Is EOFY Important?
EOFY is significant because it marks the close of one Australian financial year and the beginning of another.
For individuals, it can be a time to organise financial records and prepare tax-related information. For businesses, it can involve reviewing accounts, reporting, stock management and other end-of-year responsibilities.
The ATO also has specific deadlines and requirements around EOFY, depending on your circumstances. For example, some obligations need to be completed by 30 June, while others have later lodgement or payment dates.
For shoppers, however, EOFY has another meaning: sales season.
What Are EOFY Sales?
EOFY sales are promotional events held by Australian retailers around the end of the financial year.
Retailers may use EOFY promotions to:
- Clear older or discontinued stock
- Make room for new-season collections
- Offer discounts on selected products
- Encourage customers to purchase before 30 June
- Refresh showroom and warehouse inventory
- Promote special payment or delivery offers
EOFY sales can therefore be an appealing time to shop for larger home purchases, particularly when you have already been considering a particular piece.
When Do EOFY Sales Start?
There is no single official EOFY sales start date.
Many Australian retailers begin EOFY promotions during June, while others may start earlier or continue promotions into early July. The exact timing, discount and stock availability depend on the individual retailer.
This means it's worth researching products before EOFY rather than waiting until the final few days.
For furniture and interiors, popular pieces can sell quickly, particularly when an item is already available in limited quantities.
What Are the Best Things to Buy During EOFY Sales?
EOFY can be particularly useful for larger purchases where a promotional price can make a meaningful difference.
Popular EOFY shopping categories include:
Furniture
EOFY can be a good opportunity to consider sofas, dining tables, chairs, occasional tables, consoles, cabinets and bedroom furniture.
Home Décor
Artwork, mirrors, vases, decorative accessories and statement pieces can help refresh a room without requiring a complete redesign.
Lighting
Pendant lights, table lamps, floor lamps and decorative lighting can transform the atmosphere of a space while also adding another layer of style.
Outdoor Furniture
EOFY promotions can be useful for refreshing outdoor entertaining areas with dining settings, occasional chairs, benches and side tables.
Bedding and Soft Furnishings
EOFY is also a useful time to consider bedding, cushions, throws and other finishing touches that can change the feel of a bedroom or living space.
How to Find a Good EOFY Deal
The biggest discount isn't always the best deal.
When shopping during EOFY, look at the overall value, including:
- Original and current price
- Material and construction
- Product dimensions
- Colour and finish
- Functionality
- Delivery costs
- Warranty
- Return conditions
- Stock availability
- Whether the piece genuinely suits your home
A beautifully designed piece that works for your space can be a better purchase than something heavily discounted but unsuitable.
EOFY Furniture Shopping Tips
If you're using EOFY as an opportunity to update your interiors, start with the room rather than the sale.
Measure first. Check the available width, height and depth before ordering furniture.
Consider proportion. A large dining table may look impressive online but overwhelm a compact dining area.
Think about longevity. Neutral colours, quality materials and versatile silhouettes can make furniture easier to live with over time.
Check delivery requirements. Measure doorways, hallways, lifts and staircases where necessary.
Look beyond the discount. A 20% discount on a well-made piece that you have wanted for months may be more valuable than a larger discount on something you don't really need.
EOFY Trends for Australian Interiors in 2026
EOFY shopping in 2026 is increasingly about considered purchases rather than simply buying more.
Warm, Natural Interiors
Timber, stone-inspired finishes, woven textures and warm neutrals continue to create inviting Australian interiors.
Sculptural Furniture
Curved sofas, rounded occasional chairs, organic coffee tables and softly shaped accessories can introduce visual interest without relying on strong colour.
Layered Neutrals
Cream, beige, taupe, soft brown and natural timber create a sophisticated foundation that can be refreshed seasonally through cushions, artwork and decorative accessories.
Indoor-Outdoor Living
Australian homes naturally lend themselves to entertaining between interior and exterior spaces, making outdoor furniture an increasingly important part of the overall design scheme.
Timeless Statement Pieces
Rather than following every passing trend, many homeowners are choosing one or two distinctive pieces that give a room personality and remain appealing for years.
EOFY Styling Advice from House of Isabella
EOFY is an excellent opportunity to invest in the pieces that can make a room feel finished.
Instead of attempting a complete makeover, consider choosing one meaningful focal piece — perhaps a sculptural lamp, beautiful artwork, elegant console, statement mirror or beautifully proportioned occasional table.
Then build around it.
For a refined look, combine warm timber, tactile fabrics, soft neutrals and considered decorative accents. This creates a layered interior that feels collected rather than overly matched.
At House of Isabella Australia, the focus is on distinctive pieces that bring character and sophistication into everyday spaces. With a large in-stock catalogue, East and West Coast warehouses, fast delivery Australia-wide and Australian-based customer care, EOFY can be a convenient time to refresh your home.
For larger purchases, Afterpay and Zip can also provide flexible payment options, subject to the relevant provider's terms.
EOFY vs End of Calendar Year
EOFY and the end of the calendar year are not the same.
EOFY: 30 June
New Australian financial year: 1 July
Calendar year ends: 31 December
This distinction is particularly important in Australia because the financial year does not follow the January-to-December calendar year.
Common Questions About EOFY
When is EOFY in Australia?
EOFY is 30 June each year. The following financial year begins on 1 July.
When is EOFY 2026?
The 2025–26 Australian financial year ended on 30 June 2026. The 2026–27 financial year began on 1 July 2026.
Do EOFY sales happen on 30 June only?
No. EOFY sales can run for several days or weeks around the end of June, and some retailers extend promotions into July.
Is EOFY a good time to buy furniture?
It can be. EOFY promotions may provide an opportunity to purchase furniture at a reduced price, but shoppers should still compare quality, dimensions, materials, delivery and overall suitability.
Are EOFY sales only for businesses?
No. While EOFY is fundamentally a financial and tax milestone, EOFY promotions are widely marketed to Australian consumers as well as businesses.
Benefits of Shopping EOFY Sales at a Glance
- Potential promotional pricing
- Opportunity to refresh your home
- Possible clearance of older collections
- Good time to compare larger furniture purchases
- Opportunity to secure popular pieces before stock changes
- Flexible payment options may be available
- Useful timing for planned interior updates
Related Glossary Terms
- EOFY Sales
- Furniture Sales
- Home Décor
- Furniture Clearance
- Australian Financial Year
- Afterpay Furniture
The Finishing Touch
So, when is EOFY?
In Australia, EOFY is 30 June, with the new financial year beginning on 1 July. While it is an important financial milestone, EOFY has also become a significant retail period, particularly for furniture, homewares and larger household purchases.
The smartest approach is to shop with intention. Know what your home needs, measure carefully, compare value and choose pieces that will continue to feel beautiful long after the EOFY sale has finished.
Disclaimer
Mentions of brands such as Florabelle, Gallery Home, Café Lighting & Living, Zaffero, Emac & Lawton and others are included purely for descriptive and contextual purposes. House of Isabella Australia is not affiliated with, endorsed by, or associated with these brands. All trademarks remain the property of their respective owners.