Finance
BAS isn’t just about tax — What your numbers are telling you about your business
8 October
For many business owners, a Business Activity Statement is viewed as a compliance obligation — something that needs to be completed, lodged and paid before the deadline.But your BAS can tell you far more than simply how much tax may be...[Read More]
Albanese to advocate AI slowdown calls to Trump at UN
23 September
Anthony Albanese will make the case to Donald Trump for more guardrails to be placed on AI, ahead of a potential meeting with the US president on the sidelines of the United Nations. The prime minister will be in New York for the UN General...[Read More]
Don’t let tax catch you out: 5 things to keep in mind
17 September
Tax is one of those things that can quietly sit in the background for most of the year — until suddenly it is time to lodge a return, prepare financial statements or deal with an unexpected tax bill. Whether you are an employee, investor,...[Read More]
Iran and iPhones add to Reserve Bank’s inflation pickle
16 September
The rising cost of oil and iPhones is concerning the Reserve Bank of Australia as it approaches a crucial interest rate decision, the central bank’s chief economist says. With rising inflation pressures from the Middle East and more broadly around...[Read More]
The top 5 tax mistakes small business owners make
20 August
Tax is an unavoidable part of running a small business, but it is also one of the areas that can create the most confusion.For many business owners, tax sits somewhere between administration, compliance and financial planning. It is often pushed...[Read More]
Seven things I would tell my younger self about superannuation and investing
6 August
At 60, retirement no longer feels like a distant event. It is close enough to imagine the lifestyle I want, the experiences I hope to enjoy and the financial decisions that will shape the years ahead. Looking back to when I first started work,...[Read More]
Tax planning for business owners: Five questions to ask your accountant
6 August
Tax planning is not simply about finding deductions at the end of the financial year. Effective planning helps business owners understand their position, prepare for upcoming obligations and make informed decisions about cash flow, investment and...[Read More]
Treasurer moves to fix ‘widow’s tax’ after backlash
5 August
The government is moving to fix its so-called “widow’s tax” following criticism its tax reforms denied Australians who inherited an investment property from their partner access to negative gearing concessions. The fix is part of a raft of the...[Read More]
Understanding the taxation of shares: Why your accountant matters
30 July
Investing in shares can be an effective way to build long-term wealth, but it also brings tax obligations that every investor should understand. Whether you own a handful of shares or a diversified investment portfolio, keeping accurate records...[Read More]
Shoddy bank record-keeping hits savers as scammers lurk
29 July
Systemic shoddy record-keeping at big banks is risking the savings of Australians trying to benefit from a safe investment strategy. The financial regulator issued the warning around mortgage offset accounts, which are marketed to borrowers as a way...[Read More]
Quarter 3 tax tips for small business
23 July
The third quarter of the calendar year—July to September—is an important period for Australian small businesses. The rush of 30 June may be over, but the new financial year brings fresh reporting obligations, payroll changes and an opportunity...[Read More]
Young investors bet the house on dialling up their risk
22 July
Lofty stock valuations and the biggest investment tax shake-up in decades don’t appear to be impacting the risk appetite of young Australians, according to investing platforms. This cohort is increasingly turning to investing to save for their...[Read More]
How first-time homebuyers can save $8,500 in taxes
15 July
First-time homebuyers are missing out on thousands of dollars by not using a little-known scheme that helps save them money for the deposit. The First Home Super Saver Scheme lets them take advantage of their superannuation account’s favourable...[Read More]
Tax push renders budget surplus forecasts ‘unrealistic’
15 July
More tax cuts for workers would keep the budget in deficit beyond the next decade, the agency that assesses the nation’s finances warns. The outlook for the federal budget has improved over the past year, despite economic headwinds from the Middle...[Read More]
The new financial year has begun: What are your numbers really telling you?
9 July
Once tax time has passed, many small business owners breathe a sigh of relief and move on. But the start of a new financial year is actually one of the best times to pause, review your numbers, and ask: what did last year really show us? Your...[Read More]