End of financial year tax tips

June 1, 2023

July 1st is fast approaching, and we all know what that means. Yes, it’s tax time. Unfortunately, filing taxes can be a laborious, frustrating, time-consuming, and somewhat overwhelming process for some of us. However, for others, filing their...[Read More]

Super health check

May 17, 2023

Use this checklist to review the health of your super in 5 easy steps. Why you should review your super Your super is one of the biggest assets you’ll accumulate in your lifetime. However, many Australians think they don’t need to worry about...[Read More]

Super tax tweak to slug top 10pct, Treasury docs reveal

April 26, 2023

A 20-year-old earning an average wage – about $90,000 a year in today’s terms – is expected to be captured under federal government changes to superannuation tax concessions, but only by the time they reach their early sixties. New Treasury...[Read More]

Why is it important to discuss inheritance planning with your family

February 4, 2023

While most people write wills, very few families discuss inheritance. Parents avoid discussing inheritance planning with their children due to the subject’s sensitivity. However, avoiding the conversation does more harm than good. For example,...[Read More]

Pressure builds to ditch tax cuts in next budget

February 1, 2023

Welfare advocates are putting a spotlight on the federal government’s planned tax cuts for the wealthy, urging them to be scrapped in favour of lifting the rate of JobSeeker and other support payments. Anglicare Australia has released its...[Read More]

Top 5 advantages of home ownership

December 29, 2022

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]

Experts want stage three tax cuts revised

December 14, 2022

A former Reserve Bank governor has joined more than 100 economists and tax experts to call for an overhaul of the stage three tax cuts. Former RBA governor Bernie Fraser, Nobel Prize-winning economist Joseph Stiglitz and former Australian...[Read More]

Wills and Estates

December 8, 2022

The significance of choosing the appropriate structure to make the protection and maintenance of your assets possible cannot be overstated. This is necessary regardless of whether you have acquired your fortune on your own or through inheritance. In...[Read More]

If you became a director before 31 Oct 2021, you need to apply for your directors ID now

November 23, 2022

When you need to apply is determined by when you were first appointed, and under which Act. If you plan to become a director, you can apply before you’re appointed. Corporations Act directors When you must apply for your director ID depends on...[Read More]

Budget repair begins, tax reform is next

October 27, 2022

The Albanese government has been praised for taking the first step towards budget repair by banking its unexpected commodities windfall, with serious tax reform likely to be addressed in future budgets. With government debt expected to hit the...[Read More]

UN urges higher tax for Aust fuel giants

September 21, 2022

The head of the United Nations has called for Australia and other major economies to tax the super profits of fossil fuel companies to help people make ends meet and be protected from climate change. “I am calling on all developed economies to...[Read More]

3 tips to grow your superannuation

September 29, 2022

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]

The importance of Single-Touch Payroll

September 15, 2022

Do you know what single-touch payroll (STP) is? Most likely, you’ve encountered the term, especially if you own a small business in Australia where STP is mandatory. This requirement applies even to companies employing just a single staff member...[Read More]

4 Essential considerations before buying a rental property

August 25, 2022

You can take a step toward building your wealth seriously by buying a rental property whenever you’re ready with the funds. If you commit to this now, you can benefit from passive income for many years as your investment generates consistent...[Read More]

Housing boom and bust cycle debunked

August 25, 2022

The surge in house prices during the pandemic is likely to be followed by a modest correction, if history is to be believed. The average housing market upswing has pushed prices markedly higher than any accompanying downturn, according to a new...[Read More]