Tax
A generational guide to minimising tax throughout life
13 November
Tax isnât just a yearly chore â itâs a lifelong consideration. From your first job to retirement, understanding how to manage your tax obligations can make a significant difference to your financial well-being. Each stage of life presents...[Read More]
Self-Managed Superannuation Fund (SMSF) checklist
13 November
A Self-Managed Super Fund (SMSF) offers individuals more control over their retirement savings, but it comes with significant responsibilities. This checklist outlines key considerations and requirements to help ensure compliance and effective...[Read More]
Bold idea to starve off hunger, food waste in Australia
5 November
While some Australians go hungry, enough food to fill the MCG nine times over is thrown away by farmers and growers each year. A bold idea proposed by Australiaâs top hunger relief charity could solve this, with tax relief touted as a potential...[Read More]
Governor takes aim at tax barrier to economic mobility
29 October
An age-old tax keeping empty nesters in huge homes while young families squeeze into apartments has drawn renewed ire from a frequent critic. Successive Reserve Bank governors have criticised stamp duty, the tax paid on property purchases. âMy...[Read More]
Treasurer defends $4b hit from super tax backdown
15 October
A $4 billion budget hole created by an overhaul of the governmentâs contentious super tax policy will be filled using other measures, the treasurer says. Labor is defending major changes to its planned superannuation tax hike, which will see the...[Read More]
We all want to pay less tax â but what does âTax Minimisationâ really mean?
9 October
Itâs no secret: when tax time rolls around, most of us look for ways to reduce how much we owe. But thereâs a big difference between smart tax planning and simply trying to avoid tax. The key term to know is tax minimisation â the legal and...[Read More]
Timeline set for easing of student debt burden
8 October
Some three million Australians with a student debt will soon see their balance owed reduced as the tax office prepares to implement a 20 per cent cut. The Australian Tax Office will apply the reprieve from mid-November and anticipates half of...[Read More]
Debt recycling explainer: Turning debt into wealth
2 October
For most people, debt feels like a weight to get rid of as quickly as possible. Paying off the mortgage or other personal debt is often seen as the ultimate financial goal. But thereâs a strategy called debt recycling that flips the script:...[Read More]
Tax time: why planning and professional advice matter
21 August
As we move into another financial year, many people view tax as a once-a-year obligation â gather receipts, lodge a return, and move on. But the reality is that effective tax planning is a year-round process, and it can make a significant...[Read More]
3 Helpful tips to grow your superannuation
21 August
Retirement is a period most people eagerly anticipate. Itâs 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 youâve been planning and have put...[Read More]
EV industry powers down tax talk amid surging sales
20 August
Electric vehicle sales have surged to record highs, but advocates warn it shouldnât be used as an excuse to impose taxes and cut incentives. Australians bought 29,244 new battery electric vehicles in the three months to June 30, up from 17,901...[Read More]
âDonât slam brakes on EVsâ: sparks fly over fee push
13 August
Motorists could face distance-based fees to drive on Australian roads as part of a proposed tax change expected to be on the menu of Treasurer Jim Chalmersâ economic roundtable. Momentum is building for a road user charge, seen by one federal...[Read More]
âNot rightâ: Australia urged to wind back tax breaks
6 August
Australian workers could be locked out of home ownership unless property concessions are reined in, but any reform would require careful manoeuvring from the government. As the federal government seeks ways to reinvigorate the nationâs languishing...[Read More]
Happy new financial year! Make tax efficiency your top priority
24 July
As the new financial year begins, itâs the perfect time to reassess your financial strategies and ensure youâre making the most of tax efficiency. Whether youâre a salaried worker, business owner, retiree, or investor, tax efficiency can...[Read More]
Steps to building an emergency fund
17 July
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]