Reasons why early estate planning is crucial

11 April

Estate planning is an essential yet often overlooked aspect of financial planning. For many Australians, it is seen as something to be dealt with later in life, if at all.   However, estate planning should begin as early as possible to ensure a...[Read More]

Higher taxes on foreigners pitched to free up homes

11 April

Foreign buyers could be slugged with higher taxes for buying existing NSW homes as the government looks for ways to address the housing crisis. NSW Treasurer Daniel Mookhey said the state was grappling with a problem of overseas investors leaving...[Read More]

Maximising Wealth in Real Estate: Strategic Tax Structures and the Power of Professional Advice

4 April

Building wealth through property investment has long been a cornerstone of financial success for many individuals. The allure of real estate lies not just in its tangible nature but also in the various strategies and structures available to optimise...[Read More]

Wage review should consider tax cuts: retail bosses

3 April

Australia’s industrial umpire has been asked to consider upcoming federal government tax cuts when it decides on the next annual pay rise for low-paid workers. The Australian Retailers Association, representing more than 120,000 retail shop fronts...[Read More]

Building Wealth Through Property Investment and the Role of Professional Advice

28 March

The allure of property investment as a vehicle for wealth building and lifestyle enhancement cannot be overstated.    With the right strategies and insights, individuals can unlock significant financial benefits, paving the way to financial...[Read More]

Voters open-minded on investor tax break reform

20 March

Three in five Australian voters favour scaling back negative gearing and the capital gains tax discount, new polling suggests. One in five want investment property tax breaks to stay the same, according to the polling by independent consultancy...[Read More]

Calls for four-year forecast in GST carve-up

20 March

Four-year forecasts for state and territory shares of GST are being sought as the pushback against the annual carve-up of the tax continues. A longer forecast window from the Commonwealth Grants Commission would help secure budget bottom lines and...[Read More]

Businesses to save as government scraps tariffs

14 March

Toothbrushes, sanitary products, washing machines and freezers may become cheaper in a move retailers say will reduce the costs of doing business. Almost 500 nuisance tariffs will be scrapped in the new financial year, saving companies more than $30...[Read More]

Ways to help your child with buying their first home

7 March

In today’s economic climate, it’s increasingly common to help your child with their first home.   In this article, we’re going to look at three options to help you do this.   Why not take a look at the pros and cons of each and choose the...[Read More]

Getting your business on the right track

6 March

Deputy Commissioner Small Business, Will Day, provides advice on how to get the basics right. If you’re looking to start a new business, we want to help you get on the right track, right from the start. And if you are running an...[Read More]

Aussies to keep more of what they earn as tax cuts pass

29 February

Low and middle income earners will soon keep more of what they earn after revamped tax cuts cleared federal parliament. Labor’s amended tax package was endorsed by the Senate on Tuesday evening after receiving backing in the lower...[Read More]

Is your business eligible for concessions – tips on small business tax offsets

29 February

As a small business owner, you may be eligible for concessions on the amount of tax you pay. This depends on your business structure, your industry and your annual turnover. If you have an aggregated turnover less than: $2 million, you can access...[Read More]

Essential Checklist: Preparing for Your Will Drafting Session with a Lawyer

22 February

Preparing a will is an important step in managing your estate and ensuring your wishes are honoured after you pass away. Before meeting with a lawyer to draft your will, it’s beneficial to have several items prepared to make the process as smooth...[Read More]

Data could end year-long holiday home tax breaks

22 February

New data collection methods could end the days of short-term rental property owners claiming tax deductions when the home is not being rented. Prime Minister Anthony Albanese has vowed to raise the issue of the owners of holiday rentals or Airbnbs...[Read More]

Outgoing ATO boss calls for greater tax office powers

22 February

The outgoing head of the ATO has called for the tax office to have the power to collect evidence as part of criminal investigations. In a speech to the National Press Club, ATO commissioner Chris Jordan said the organisation should be given powers...[Read More]