States query GST carve-up despite ‘constructive’ budget

15 May

States are split on the federal budget as the two most populous jurisdictions question their GST shares, while resource-heavy Western Australia counts its riches. NSW will be the biggest loser from the annual GST distribution set out in the budget...[Read More]

Incentives set to fuel green hydrogen growth

15 May

Tax breaks to supercharge the production of renewable hydrogen for use as a fuel and other applications are part of the federal budget’s push for net-zero prosperity. The global renewable hydrogen race is already well underway as advanced...[Read More]

Tax revenue surge as treasurer tempers expectations

8 May

Tax revenue is expected to be $25 billion higher over the next four years, as the Albanese government tempers expectations ahead of this month’s federal budget. The budget, to be handed down by Treasurer Jim Chalmers, will show a surge in tax...[Read More]

Small business tips when using a tax professional

1 May

Are you running a busy small business? It might make it easier for you to have a tax professional help you with your tax obligations. You can also find information yourself, for example through the ATO website and ATO CommunityExternal...[Read More]

Steps to building an emergency fund & why do you need one

25 April

Life is unpredictable, and financial surprises can arise when you least expect them. This is where an emergency fund comes in. This financial safety net is designed to cover unexpected expenses, like car repairs or medical bills, or provide support...[Read More]

Senators want property tax reforms back on the agenda

24 April

Tweaking property investor taxes could save the federal budget billions and boost home ownership, even with exemptions for those operating under the old rules, analysis commissioned by two senators suggests. Independent senators David Pocock and...[Read More]

Build-to-rent piece of housing puzzle but no quick fix

17 April

It’s been a tough couple of years to be a renter. As competition for properties has intensified and rents have surged, policymakers have been searching for solutions. While not an answer to the immediate price crunch, the build-to-rent housing...[Read More]

Higher taxes on foreigners pitched to free up homes

10 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

13 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]

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]