Tax
Treasurer responds after budget attack by ex-RBA head
1 July
The treasurer has hit back at attacks to budget tax changes from a former Reserve Bank governor after the contentious laws passed parliament.Ex-RBA governor Philip Lowe said changes limiting negative gearing and the capital gains tax discount would...[Read More]
Home owners told to ‘take a deep breath’ on tax reforms
24 June
Plunging auction clearance rates are not cause for concern, top government ministers are insisting, with one urging anxious home owners to “take a deep breath”.An overhaul of negative gearing and capital gains tax is expected to pass federal...[Read More]
Mixed results from first post-budget auction weekend
20 May
All eyes were on the auction market to see the response to negative gearing and capital gains tax changes in the first weekend after the federal budget.The results were mixed.The volume of homes that went to auction across the capital cities fell 11...[Read More]
Middle ring could be ‘hollowed out’ by tax overhaul
20 May
Rental supplies in the middle ring of Australian capital cities could be hollowed out by changes to investor tax concessions in the federal budget.Real estate agents expect investor interest in established properties to crater after Tuesday’s...[Read More]
Electric car owners dodge road charge but pay more tax
13 May
Australia’s electric car drivers may escape a road-user charge for another year but will pay more tax under measures revealed in the federal budget.The changes are part of several reforms to support low-emission vehicles in the budget, including...[Read More]
‘These geniuses’: PM’s generational housing gamble
13 May
Anthony Albanese is playing “gutsy” politics with sweeping changes to tax concessions for landlords but risks offending established investors who may not have expected the overhaul, an expert in politics says.From July 2027, negative gearing...[Read More]
Seven things I would tell my younger self about superannuation and investing
6 August
At 60, retirement no longer feels like a distant event. It is close enough to imagine the lifestyle I want, the experiences I hope to enjoy and the financial decisions that will shape the years ahead. Looking back to when I first started work,...[Read More]
Treasurer moves to fix ‘widow’s tax’ after backlash
5 August
The government is moving to fix its so-called “widow’s tax” following criticism its tax reforms denied Australians who inherited an investment property from their partner access to negative gearing concessions. The fix is part of a raft of the...[Read More]
Understanding the taxation of shares: Why your accountant matters
30 July
Investing in shares can be an effective way to build long-term wealth, but it also brings tax obligations that every investor should understand. Whether you own a handful of shares or a diversified investment portfolio, keeping accurate records...[Read More]
Young investors bet the house on dialling up their risk
22 July
Lofty stock valuations and the biggest investment tax shake-up in decades don’t appear to be impacting the risk appetite of young Australians, according to investing platforms. This cohort is increasingly turning to investing to save for their...[Read More]
The top 10 things small business owners often forget when getting started
16 July
Starting a small business is exciting. You may have a great idea, industry experience and the motivation to build something of your own. However, enthusiasm alone does not create a sustainable business. Many new business owners focus heavily on...[Read More]
How first-time homebuyers can save $8,500 in taxes
15 July
First-time homebuyers are missing out on thousands of dollars by not using a little-known scheme that helps save them money for the deposit. The First Home Super Saver Scheme lets them take advantage of their superannuation account’s favourable...[Read More]
Family affair: investor tax changes spawn new tactics
8 July
A 1950s red brick walk-up in southwest Brisbane is a window into how the federal budget is reshaping the property market. Marketed as “the ultimate set-up for multi-generational living”, the three-unit apartment block in Oxley has bucked the...[Read More]
Pledge to fix ‘widow’s tax’ on investment properties
1 July
Treasurer Jim Chalmers has promised to fix laws imposing a so-called “widow’s tax” on investment properties, without providing details on how he will close the loophole. The issue, which relates to investors with jointly owned properties...[Read More]
CGT share changes will ease home prices, treasurer says
17 June
Controversial tax changes for shares and businesses will prevent more money from being funnelled into existing homes, Treasurer Jim Chalmers claims. Businesses have been relatively receptive to Labor’s decision to wind back tax breaks for property...[Read More]