Tax
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]
Vested interest ‘cartel’ killing Aussie housing dream
26 February
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]
Why tax planning works best when it’s not left until June
19 February
Tax tends to become a priority when deadlines are close — but the best tax outcomes are usually supported by decisions made throughout the year. For individuals and business owners alike, proactive tax planning can reduce last-minute stress,...[Read More]
Self-Managed Superannuation Fund (SMSF) checklist – key considerations and requirements
5 February
A Self-Managed Super Fund (SMSF) offers individuals more control over their retirement savings, but it comes with significant responsibilities. This checklist outlines key considerations and requirements to help ensure compliance and effective...[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]
Happy new ‘calendar’ year: A smarter start from a tax and accounting perspective
8 January
The start of a new calendar year is more than just a fresh page in the diary — it’s an opportunity to reset, refocus and set yourself up for a smoother financial year ahead. From a tax and accounting point of view, January is the perfect time to...[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]
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]
Self-Managed Superannuation Fund (SMSF) checklist
13 November
A Self-Managed Super Fund (SMSF) offers individuals more control over their retirement savings, but it comes with significant responsibilities. This checklist outlines key considerations and requirements to help ensure compliance and effective...[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]
Treasurer defends $4b hit from super tax backdown
16 October
A $4 billion budget hole created by an overhaul of the government’s contentious super tax policy will be filled using other measures, the treasurer says. Labor is defending major changes to its planned superannuation tax hike, which will see the...[Read More]
We all want to pay less tax — but what does “Tax Minimisation” really mean?
9 October
It’s no secret: when tax time rolls around, most of us look for ways to reduce how much we owe. But there’s a big difference between smart tax planning and simply trying to avoid tax. The key term to know is tax minimisation — the legal and...[Read More]