Building the right team when buying an investment property
2 April
Purchasing an investment property is a major financial decision. For many Australians, it involves committing significant capital, taking on long-term debt, and relying on the property to help build wealth over time. Investment properties can...[Read More]
Treasurer softens up voters for ‘hard decisions’ on tax
26 March
Treasurer Jim Chalmers is willing to anger older Australians to make the tax system fairer for younger generations.
But he admitted productivity growth would take longer to recover than previously thought during a major pre-budget address to a...[Read More]
How much each state will get from the GST carve-up
19 March
CHANGES IN STATE AND TERRITORY GST PAYMENTS
NSW
* GST payment increased from $28.1 billion to $28.2 billion
* Relative share of GST compared to per capita allocation fell from 86c in the dollar to 82c
* Share of GST fell from 26.7 per cent to 25.5...[Read More]
CBA boss calls for spending cuts, bold reform in budget
5 March
The bosses of Australia’s largest companies have urged Treasurer Jim Chalmers to take a bold agenda to the May budget to salvage the country’s faltering international competitiveness.
Speaking at the Australian Financial Review Business Summit,...[Read More]
Minister won’t rule out tax change as Greens up demands
5 March
Young people see the housing market as being stacked against them, Australia’s housing minister says, as the Greens call for drastic changes to property tax concessions.
Clare O’Neil continues to play a straight bat to suggestions the government...[Read More]
Pressure to fix gas tax raising less revenue than beer
4 March
Labor faces a push for a parliament inquiry into Australia’s underperforming gas tax amid growing calls to make fossil fuel multinationals pay a larger share.
As Treasurer Jim Chalmers mulls tax reform to make the economy more productive and...[Read More]
A “cartel” of vested interests is stymying crucial tax reforms which could help free up more homes, a former boss of the Reserve Bank says.
Bernie Fraser, the only person in Australian history to have served as both RBA governor and Treasury...[Read More]
How treasurer could make capital gains taxes ‘fairer’
22 January
Treasurer Jim Chalmers faces a renewed push to reform capital gains taxes, with pressure mounting from economic think tanks, anti-poverty advocates and even the NSW government to make the system fairer for all Australians.
Critics argue a Howard-era...[Read More]
Self-interest widening wealth gap between old and young
1 January
Is the wealth gap between old and young Australians becoming a gulf?
Former federal Treasury secretary Ken Henry has declared young workers are being “robbed” by the tax system, while ex-Victorian treasurer Tim Pallas calls the intergenerational...[Read More]
Tax reform call as data centre boom plugs in investment
18 December
The treasurer has been urged to raise the GST, lower the capital gains discount and introduce a modest inheritance tax to fix his ailing budget as Australia’s nascent data centre boom lifts productivity hopes.
In next week’s Mid-Year Economic...[Read More]
The gift of trust: How talking about us strengthens our business and community
4 December
Referrals mean more to us than words can easily express. When a happy client shares their experience and recommends us to a friend, colleague, or family member, it is one of the greatest compliments we can receive.
We never take that trust for...[Read More]
Uni debts slashed for more than one million Australians
4 December
Half of all Australians with a student debt have had their loans slashed by 20 per cent.
The Australian Taxation Office will automatically apply the one-off reduction, with a further 1.5 million people to receive the cut by the end of next week.
In...[Read More]
Slash spending and reform taxes, IMF urges Australia
27 November
Reviving the Gillard-era mining tax and slashing income taxes should be on the Albanese government’s agenda to boost Australians’ living standards, the International Monetary Fund has declared.
In its annual assessment of the Australian economy...[Read More]
A generational guide to minimising tax throughout life
13 November
Tax isn’t just a yearly chore — it’s 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]
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.
“My...[Read More]
