Tax
HECS debts lump students with future mortgage misery
20 November
As political parties squabble over wiping university student debt, new figures show paying off a HECS loan may impact graduatesâ borrowing power for a mortgage by almost $100,000. Research from Compare the Market revealed a university student...[Read More]
Use this step-by-step checklist to manage tax for a deceased estate.
13 November
1. Look after yourself This is the most important thing. If you are feeling overwhelmed, donât hesitate to talk with your friends or family, or phone a confidential counselling service: Lifeline Australia on 13 11 14 (24 hours) Beyond...[Read More]
Supply the key to fixing housing, not taxes: Treasury
6 November
Treasury does not believe removing tax concessions for property investors would shift the dial for housing affordability, despite being asked to investigate the impact of the tax changes by the government. The departmentâs secretary, Steven...[Read More]
Some tips to help grow your superannuation
31 October
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]
Tax reform may be shunned in state economic growth plan
30 October
Tax reforms could be left out of a long-awaited Victorian economic growth plan, with the business sector warning the state risks losing out to its northern rivals. The Economic Growth Statement was foreshadowed in Mayâs Victorian budget and...[Read More]
Seven news boss wants tax break to fight X, Facebook
30 October
Seven West news boss Anthony De Ceglie has called on the federal government to scrap a tax on commercial broadcasters. De Ceglie wants tax breaks to support commercial newsrooms as the public contends with misinformation from the âevil forcesâ...[Read More]
Hey big Spender: teal MP wants consumption tax re-think
23 October
Independent MP Allegra Spender represents the countryâs richest electorate but believes the tax system unfairly advantages wealthier Australians over working people. Australia should look at increasing consumption taxes like the GST and reducing...[Read More]
Hiring new employees for the festive season? Weâve got some handy tips to help you stay on top of your tax and super obligations.
23 October
As the festive season approaches, you may be thinking of hiring new employees to help with your business. Here are some key things to remember when it comes to your tax and super obligations. Â Withhold the right amount of tax As an employer,...[Read More]
Stage three tax cut spending spree yet to surface
17 October
Tax cuts donât appear to be fuelling shopping sprees, with transaction data suggesting extra take-home pay is going towards staples and paying down debt. Footy finals were the only bright spot in an otherwise glum September for spending, with...[Read More]
Lodging your tax return?
16 October
Lodging your own tax return? Read this before the 31 October deadline. If you run a business you need to lodge a tax return, even if you made a loss. When you lodge your own tax return, you need to lodge by 31 October. You can lodge...[Read More]
myGovID is changing to myID
9 October
Find out about the new name, whatâs changing and how it affects you. Soon, myGovID will be changing to myID. The app will have a new name and new look, but youâll continue to use it in the same way. Â What you need to...[Read More]
Property tax concession change talk sparks uncertainty
3 October
Property investors are anxiously awaiting any potential changes to tax breaks after a week of mixed messages on negative gearing and capital gains tax. Prime Minister Anthony Albanese has repeatedly insisted Labor has no plans to touch the tax...[Read More]
Planning to engage a new registered tax agent?
2 October
Learn what you can do to be well prepared before engaging a new registered agent. Are you planning to engage a new registered agent or change the authorisations youâve given your existing agent? Youâll need to nominate them in...[Read More]
PM bats back questions over curbing property tax breaks
26 September
The prime minister has swatted away questions about curbing property tax breaks after reports of secret modelling. The federal government has sought advice from Treasury on scaling back negative gearing and capital gains tax concessions, according...[Read More]
Universal childcare could mean higher taxes: Dutton
25 September
Early childhood education advocates back key recommendations aimed at improving accessibility for low-income families, but the coalition has warned of surging taxes for Australians. A Productivity Commission report, released on Wednesday, urged...[Read More]