Tax
Budget time is review time: why professional advice matters
14 May
The Federal Budget is more than a political announcement. For many Australians, it is an important reminder to stop, review and ask a simple question: are my financial, lifestyle and tax strategies still working in my favour? Budget changes can...[Read More]
Navigating ownership changes: A guide for business owners
14 May
Changing a business’s ownership structure can be a complex process, often necessitated by various circumstances, such as partnership disputes, divorce, retirement, or the sale of the business. Regardless of the reason, it’s crucial to...[Read More]
Labor tucks away $77b war chest for further tax cuts
14 May
Tax changes in the budget give the government scope to direct more relief to workers in future, raising the prospect of a 2028 pre-election sweetener. While higher taxes on assets will be returned to workers via tax cuts in the short term, Treasury...[Read More]
Electric car owners dodge road charge but pay more tax
14 May
Australia’s electric car drivers may escape a road-user charge for another year but will pay more tax under measures revealed in the federal budget. The changes are part of several reforms to support low-emission vehicles in the budget, including...[Read More]
Canberra embraces AI data crunch for medicines to tax
13 May
Artificial intelligence will be deployed across the federal government for everything from evaluating medicines to identifying tax fraud in a bid to boost the nation’s productivity. A long list of AI trials were named in the federal budget on...[Read More]
‘These geniuses’: PM’s generational housing gamble
13 May
Anthony Albanese is playing “gutsy” politics with sweeping changes to tax concessions for landlords but risks offending established investors who may not have expected the overhaul, an expert in politics says. From July 2027, negative gearing...[Read More]
Making the most of dalary sacrifice: A smarter way to build your super
23 April
When it comes to building long-term wealth for retirement, one strategy that often gets mentioned—but not always fully understood—is salary sacrificing into superannuation. While it may sound complex, the concept is relatively straightforward...[Read More]
Starting a business? Here’s what to think about before you dive in
9 April
Launching a business is an exciting step, whether you’re turning a passion into profit or building something from the ground up. But before you register a name and start trading, there are important legal and strategic considerations that can make...[Read More]
Sticky situation as super changes stretch small firms
26 March
Rising costs and cash flow pressures could force thousands of small business owners to dip into personal savings to comply with new superannuation rules. Changes slated for July 1 require employers to pay employees superannuation at the same time as...[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]
Leaders urged to stomach junk food tax to save lives
25 March
More than 200,000 lives and billions of dollars in health costs could be saved if political leaders developed an appetite to tax unhealthy foods, according to fresh research. The federal government is being called upon to consider a 20 per cent tax...[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]
Aussie drivers divided over petrol vs electric future
18 March
Almost two in five Australians are considering an electric or hybrid vehicle for their next car purchase, but many could change their minds if the government puts the brakes on a tax discount. The Australian Finance Industry Association revealed the...[Read More]
Super tax changes a ‘down payment’ for greater reform
12 March
Wealthy superannuants will pay more tax on balances over $3 million after the Greens rolled over on demands to beef up the contentious new laws. The government is expected to get the long-promised tax changes passed through parliament by the end of...[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]