Finance

Top 5 tried-and-tested tax planning strategies for small businesses

19 June

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 business tax planning strategy, you can increase profits...[Read More]

Helping kids with living expenses through early training

19 June

There’s a family event of sorts that gives parents mixed feelings of sadness, apprehension and relief — and children a lot of excitement: when a child leaves the proverbial nest. Now, this can happen early during your child’s teenage years or...[Read More]

International destinations retirees should have on their bucket list

19 June

If you’re an Australian or British retiree, retirement is the perfect time to travel the world and explore the places you’ve always wanted to see. Travelling may lead to much more than just a relaxing vacation, too. Seeing the world in your 50s,...[Read More]

Treasurer throws down gauntlet for ‘crucial’ tax reform

19 June

The groundwork has been laid for Australia’s most substantive attempt at tax reform in more than two decades as the treasurer promises to “grasp the nettle” on the thorny issue. Outlining his government’s economic agenda for its second term...[Read More]

ASIC puts super on notice over complaint ‘blind spots’

19 June

The corporate regulator has revealed the next steps in its push to fix systemic failings in the superannuation sector’s handling of death benefit payments. The Australian Securities and Investments Commission will examine how super trustees...[Read More]

Hitting the brakes on EV, hybrid help could slow cuts

18 June

Australia risks stalling efforts to cut transport emissions if it does not reintroduce tax breaks and incentives for the purchase of electric and hybrid vehicles. The Australian Finance Industry Association issued the warning on Monday with its EV...[Read More]

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’

12 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

12 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]

EOFY super and tax strategies: is it too late? What you can still do — and how to get ahead for next year

5 June

As June 30 approaches, many Australians wonder: Have I left it too late to make a difference to my super and tax position this financial year? The good news is, it’s not too late. With some focused action in the final month and a proactive start...[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]

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

5 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]

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

5 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]