Middle ring could be ‘hollowed out’ by tax overhaul
20 May
Rental supplies in the middle ring of Australian capital cities could be hollowed out by changes to investor tax concessions in the federal budget.
Real estate agents expect investor interest in established properties to crater after Tuesday’s...[Read More]
Mixed results from first post-budget auction weekend
21 May
All eyes were on the auction market to see the response to negative gearing and capital gains tax changes in the first weekend after the federal budget.
The results were mixed.
The volume of homes that went to auction across the capital cities fell...[Read More]
Land levy planned despite anti-‘forever tax’ pledge
20 May
Property owners in Australia’s most populous state could pay an annual levy of up to $600 under a proposal to change the way emergency services are funded.
NSW is the only mainland state that funds emergency services by taxing property insurance...[Read More]
Tax, migration and NDIS in coalition’s economic sights
20 May
Australia’s tax system would be overhauled, welfare restricted to citizens and immigration slashed under a future coalition government.
In his first budget reply speech, Angus Taylor has conceded the Liberals and Nationals still have a long road...[Read More]
Budget brawl escalates over rival tax cut proposals
20 May
A row has broken out over the cost of cutting taxes for millions of Australians as Labor and the opposition try to sell rival economic plans to voters.
After a week dominated by the state of the nation’s finances, Prime Minister Anthony Albanese...[Read More]
Fuel excise extension weighed as states look to supply
20 May
An extension to Australia’s fuel tax discount is still being weighed up as disruption to global oil shipments drives states to chase more control over petrol and diesel supplies.
The federal government’s three-month cut to the fuel excise kicked...[Read More]
‘No whammy’: businesses hit back at budget tax overhaul
21 May
States and territories are being urged to slash stamp duty for small businesses and families to help them handle the fallout of a contentious overhaul of tax on investments.
The federal government has flagged some GST relief for Australians affected...[Read More]
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]
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]
EOFY is approaching: what can you do now to maximise this financial year and prepare for the next?
7 May
As 30 June approaches, many individuals and business owners start thinking about tax. But the best tax outcomes are usually achieved before the Financial Year ends, not after it. EOFY is the perfect time to review your income, expenses,...[Read More]
Aussies losing almost $5b in unpaid super every year
7 May
Australians are missing out on almost $5 billion in superannuation entitlements every year, with one in four workers affected nationwide.
Workers were underpaid $24.4 billion across five years between 2018 and 2023, according to the latest...[Read More]
