Tax
Treasurer ânot consideringâ changes to negative gearing
31 January
Australians have been assured there will be no tinkering with tax breaks for real estate investors following an unexpected rework of the stage three cuts. With the federal government gearing up to take its rejigged tax package on a national...[Read More]
Property investor tax breaks blamed for housing crisis
24 January
Affordable housing has moved beyond many Australiansâ reach because the government is subsidising the private market instead of building social housing, a new report has found. Everybodyâs Home Written Off report shows the federal budget is...[Read More]
Tips to grow your superannuation
11 January
Retirement is a period most people eagerly anticipate. Itâs 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 youâve been planning and have put...[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]
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. Â With a small business tax planning strategy, you can increase profits...[Read More]
Creating a better business with cloud accounting
23 November
Does your company still use desktop software or spreadsheets for accounting tasks? If so, then it could be time to upgrade to a cloud-based accounting system. In comparison to on-premises solutions, cloud accounting for small businesses offers...[Read More]
Managing Finances and Lifestyle Activities Across the Four Phases of Retirement
2 November
Retirement is a complex period divided into various phases, each with its own set of financial requirements and lifestyle considerations. Understanding how to budget for each stage can help you make the most of your post-career...[Read More]
Consultations are underway for changes to superannuation
25 October
 From 1 July 2026, employers will be required to pay their employeesâ super at the same time as their salary and wages. Currently, employers are only required to pay their employeesâ super quarterly. These changes to payday super were...[Read More]
Airbnb pushes for hotels to be hit with short-stay tax
11 October
Airbnb has called for a contentious Victorian tax on short stays to be expanded to all accommodation bookings, including city hotels. The state government last month announced an Australian-first, statewide levy on short-stay providers like Airbnb...[Read More]
Labor unveils super tax tweaks on big balances
4 October
The number of Australians with super balances in the hundreds of millions has been expanding quickly as the federal government prepares to tighten tax breaks for wealthy retirees. The Labor government committed to halving tax breaks for those with...[Read More]
Tax on empty homes and vacant land to free up housing
4 October
Victoria will broaden a little-known tax to encourage more property owners to rent out empty homes and develop vacant land. Treasurer Tim Pallas on Tuesday announced legislation would be introduced to expand the vacant residential land tax...[Read More]
Farm Succession Planning: Balancing Financial and Emotional Aspects for Generational Transition
28 September
The Challenge Facing Farm Owners The complexity of farm succession planning extends beyond mere financial transactions. For farm owners, navigating the transition of a generational asset such as a farm is both an economic and emotional endeavour....[Read More]
Small business boost measures and the energy incentive
27 September
The Australian Government has announced the following 3 measures to assist small businesses that have an aggregated annual turnover of less than $50Â million: Small business technology investment boost Small business skills and training boost Small...[Read More]
Tax records for rental properties and holiday homes
20 September
Find out about what records to keep and for how long for rental properties and holiday homes. How long to keep rental records You need to keep records for 5 years. Depending on your situation, that is 5 years from the date: you lodge your tax...[Read More]
Tax break to help small businesses save on energy
13 September
Millions of small and medium-sized businesses are set to benefit from a federal government tax incentive to cut their energy bills. Laws to enact the tax incentive will go to parliament on Wednesday. The tax deduction will provide businesses with...[Read More]