Finance

End of Financial Year: a time for reflection and new opportunity

12 June

Why the EOFY Marks More Than Just a Date on the Calendar As June 30 rolls around each year in Australia, it brings with it a moment of pause — a clear marker that one financial chapter is closing and another is about to begin.  While for some, it...[Read More]

The top 5 places to visit in Australia for retirees

12 June

Now that you’ve retired from the workforce and have all the opportunities to do what you want, you’re ready to take the trip of a lifetime.   If you’re planning to take a tour across Australia, here’s a list of 5 top destinations to visit...[Read More]

Teaching kids about money at different stages in their lives

12 June

It’s every parent’s dream to secure their children’s future. Of course, not everyone has the wealth required to do this, and the next best thing you could do as a parent is to teach them how to budget and invest. Through financial education,...[Read More]

Liberals concede tax cut stance a ‘strategic mistake’

11 June

The coalition’s new finance spokesman has conceded campaigning against tax cuts was a significant error, promising to push for lower rates in the next term of parliament. James Paterson said the coalition’s position against Labor’s two-part...[Read More]

Greens strike conciliatory tone on super tax changes

11 June

The Greens are “absolutely ready” to work with Labor to make proposed changes to superannuation, acknowledging the mandate voters gave the Albanese government at the election. Labor is looking to double the tax rate of super balances above $3...[Read More]

Retirees working past the age of 70: what to consider

29 May

With increasing life expectancy and shifting financial goals, many Australians are choosing to continue working beyond the age of 70.  Whether for financial security, personal fulfilment, or social engagement, part-time work in retirement can offer...[Read More]

Super backlash ‘doesn’t augur well for tax reform’

4 June

Super backlash ‘doesn’t augur well for tax reform’ The uproar over proposed changes to superannuation tax concessions does not bode well for the government’s chances of passing broader tax reform, Treasurer Jim Chalmers says. First...[Read More]

Your winter home maintenance checklist

5 June

While winter in Australia may not be as harsh as in other parts of the world, it’s still essential to keep your home in tip-top shape during the colder months.   So, if you need a handy winter home maintenance checklist, this is for you.    Use...[Read More]

Housing set to grow from record high as rate cuts loom

4 June

Home prices have hit new highs and will likely continue to grow as lower interest rates send buyers piling back into the property market amid a lack of new housing supply. The median dwelling in Australia was worth $831,288 in May – a 0.5 per cent...[Read More]

Preparing your tax return – Find out what a tax return is, what information you’ll need to prepare it and when it’s due.

4 June

What is a tax return A tax return is a form you complete online, on paper or get a tax agent or our Tax Help program to help you with. Your tax return tells us: how much money (income) you earn if you are claiming any deductions. We use this...[Read More]

Tax reprieve for farmers as drought declared statewide

4 June

Farmers will be temporarily spared from paying a hiked emergency services levy as drought support is expanded statewide. An extra $37.7 million has been earmarked for drought relief in Victoria as paddocks and dams run dry following low autumn...[Read More]

Carbon tariff on the table for overseas businesses

4 June

Labor has left the door open to a tax on cement and steel coming in from places not taking sufficient climate action. Energy Minister Chris Bowen said Australia remained on-track to meet its legislated 43 per cent by 2030 emissions reduction target...[Read More]

What’s your “big picture” ?

29 May

Even as children, people create this big picture in their minds — a reflection of how they envision their life to be. Whether your big picture is similar to what’s called the Australian Dream (home ownership as the key to a better life) or...[Read More]

Fears super tax rise for rich will whack housing market

28 May

A bid to increase taxes on wealthy Australians’ superannuation has been paved with good intentions, but there are warnings it may create unfair outcomes. The federal government is hoping to pass a bill to impose a 15 per cent tax on super balances...[Read More]

Stamp duty exemption plan reheated for first homebuyers

28 May

Stamp duty would be scrapped for first homebuyers spending up to $1 million under a state election pitch that creates a $1 billion budget shortfall. In his budget reply speech, Victorian shadow treasurer James Newbury unveiled a policy to lift the...[Read More]