The latest Federal Budget includes significant proposed changes for Australian families, investors and business owners, covering trusts, capital gains tax, negative gearing, small business support and electric vehicle salary packaging. While many measures do not begin until 1 July 2027 or later, now is the time to review how they may affect your tax position, investments, property plans or business structure....
Each year, advisers await the December inflation statistics to be released. The reason is simple: the transfer balance cap – the amount that can be transferred to a tax-free retirement account – is indexed to the Consumer Price Index (CPI) released each December....
On 1 July 2024, the Victorian Government’s new Commercial and Industrial Property Tax (CIPT) came into effect. It’s been created to replace land transfer duty (stamp duty) in an attempt to support business investment, encourage businesses to expand or relocate, and promote more efficient use of commercial and industrial land....
Last week’s announcement that the JobKeeper scheme would be extended for a further six months was welcome news to many....
Today is something of a watershed day in terms of economic support for the Australian population from the Government....
Today we cover why you need to evaluate your financial position and then develop your strategy on how to get from where you are to where you want to be....
