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It’s the end of another Australian financial year, and that means two things: Filing your tax return, and shopping! The EOFY sales, both online and in-store, feature some of the biggest savings on almost all product categories you'll see all year – and will be the last big sales event until Black Friday at the end of November. Times have been tough lately, and most people are getting more picky with their big-ticket purchases. EOFY is a great opportunity to either make a purchase that can be claimed on tax, or pick up an item that you’ve been eying off for a while, as it doesn’t get much cheaper than this!

EOFY stands for the End Of Financial Year. EOFY sales are the annual sales events held by many retailers in Australia through the month of June, before the new tax year commences on July 1. EOFY is one of the best times during the year to find heavy discounts on a range of items, as retailers look to clear out their stocks to prepare for the upcoming financial year. Most retailers have deals running throughout all of June, but some start earlier, or have shorter events during June.

You can expect discounts on a range of products and categories, but you will find the biggest savings on big-ticket items like laptops, headphones, TVs and consoles. Online retailers like Amazon, Kogan and Ebay will have strong deals in all categories. However, keep an eye out specifically for the following products:

Laptops: Lenovo, HP and Dell all have EOFY events, featuring some heavy discounts on their laptops, as well as other computer items such as desktops and accessories. If you buy a laptop that you use for work before the financial year ends, you may also be able to include it as an expense on your tax return!