Tax
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]
The importance of personalised advice in navigating ambiguous information
31 August
In an era saturated with information, the need for personalised advice tailored to an individual’s unique financial situation is paramount. Whether it’s in the business world, investment markets, or personal finance, we are bombarded with advice...[Read More]
5 advantages of home ownership
24 August
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]
Up to 250,000 workers could get electric car discount
9 August
As many as 250,000 Australian workers could unlock significant electric vehicle discounts after a change to small business software that will automate car leases. The change, from accounting platform MYOB, could help more than 100,000 businesses...[Read More]
Union wants super profits tax to pay for social housing
26 July
One of Australia’s most powerful unions wants a tax to be slapped on big businesses to pay for social and affordable housing. The CFMEU has called for a super profits tax to bankroll construction and solve the country’s housing crisis. National...[Read More]
Super guarantee contributions due by 28 July
12 July
Remember, super guarantee (SG) contributions for your eligible employees are due by 28 July. Follow Ricky’s story below to learn more about your obligations as an employer. Ricky operates a florist where he hires multiple employees to help manage...[Read More]
Steps to Building an Emergency Fund and Why You Need One
15 June
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]
Super health check
17 May
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
26 April
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
4 February
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]
Experts want stage three tax cuts revised
14 December
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
8 December
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]
Electric car tax cuts welcome, more wanted
26 October
Federal budget tax cuts for electric cars and moves to create a national electric vehicle charging network in Australia have been welcomed by motoring and environmental groups overnight. The policies could shave $4700 off the cost of buying an...[Read More]
Seven tax planning strategies for small business
19 October
Tried-and-Tested Tax Planning Strategies for Small Businesses 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. With a small...[Read More]
PM reaffirms no change to tax cut policy
12 October
Deputy Prime Minister Richard Marles has defended the Albanese government’s position on the stage three tax cuts, saying it hasn’t gone back on its promise. Mr Marles said while the government was openly discussing the pressures placed...[Read More]