PM confirms contentious stage three tax cuts to stay
18 January
Controversial tax cuts providing greater relief for high-earning Australians will remain in place, the prime minister has vowed. Anthony Albanese said stage three tax cuts will still go ahead and come into effect on July 1. The tax cuts will create...[Read More]
Financial management when a loved one passes away
11 January
Losing a loved one is probably one of the most stressful events one will ever go through in life. It will leave you feeling distraught and devastated, so sorting out their finances is the last thing you’d be concerned about. It could be...[Read More]
Tips to grow your superannuation
11 January
Retirement is a period most people eagerly anticipate. It’s that wonderful stage of life when you can finally unwind and spend your time as you please. You can even spend retirement focusing on the businesses you’ve been planning and have put...[Read More]
Cyber hackers break into Victorian court recordings
3 January
Victoria’s court system has been hit by a cyber attack, with hackers accessing weeks worth of recorded hearings. Court Services Victoria was first made aware of the infiltration on December 21 but it’s believed the audio visual technology...[Read More]
Deductible Gift Recipient (DGR) Registers Reform – new law coming into effect
3 January
The ATO will administer and oversee Deductible Gift Recipient (DGR) endorsement for 4 unique DGR categories. From 1 January 2024, the Deductible Gift Recipient (DGR) Registers Reform new law comes into effect, transferring administrative...[Read More]
How general insurance can help you
28 December
Risks such as accidents, calamities and medical emergencies can change your life, leaving you with debt and losses. For example, if a fire damages your home, you must use your savings to rebuild or seek help from friends and family if the house...[Read More]
The top 5 advantages of home ownership
28 December
Your decision to purchase a new house is a significant life event, and the thought of becoming a homeowner might be a little intimidating. However, homeownership brings with it several advantages, including the freedom to design your home as you...[Read More]
When should you enter into a payment plan if you have a tax bill?
27 December
If you’re experiencing financial difficulties, you may be eligible to set up a payment plan. If you receive a tax bill, you need to pay in full and on time to avoid general interest charges (GIC). However, if you’re experiencing financial...[Read More]
When should you start thinking about Estate Planning?
20 December
With the end of the year fast approaching and the dawn of the New Year on the horizon, it’s crucial to shift our focus towards estate planning. Often underestimated, this financial aspect tends to take a backseat in the lives of many Australians....[Read More]
Man charged with sending millions of scam text messages
13 December
An accused scammer who allegedly sent more than 17 million fraudulent text messages has been charged as police issue a warning for the public to be vigilant in the lead up to Christmas. A NSW Police cybercrime squad has been investigating the use of...[Read More]
Cars will need to be twice as green to avoid luxury tax
13 December
Motorists will have to choose cars that use half as much fuel to avoid a vehicle tax in future after changes in a federal budget update. The Luxury Car Tax reforms, announced in the government’s mid-year budget on Wednesday, will mean only...[Read More]
Taxpayers cop fines after using unregistered tax agent
13 December
An unregistered tax accountant exposed her clients to fines and unexpected tax bills after unlawfully lodging hundreds of returns filled with dodgy deductions. Perth-based Jessa Van Stroe, who is also known as Jessa Layola, was not registered with...[Read More]
Tried-and-Tested Tax Planning Strategies for Small Businesses
7 December
Every dollar counts in business, especially for small enterprises. Therefore, you need to find ways to minimise your tax liability in addition to optimising income or profit. With a small business tax planning strategy, you can increase profits...[Read More]
Taxpayers to stop funding global fossil fuel projects
6 December
Australian taxpayer dollars will no longer fund international fossil fuel projects, after the government signed on to a global shift towards renewable energy. The government signed on to the Glasgow Statement at the United Nations climate change...[Read More]
Nature repair bill passes after Greens agree to deal
6 December
Land owners will be able to be paid to improve the environment on their properties after the Greens struck a deal with the government on its proposed nature repair market. Under the scheme, which passed the Senate on Tuesday, businesses and...[Read More]