In a move that surprised many commentators, the Reserve Bank of Australia (RBA) held the cash rate steady at 3.85% in July.
Read More
From 1 July 2025, the superannuation guarantee (SG) rate officially rose to 12% of ordinary time earnings (OTE). This is the final step in the gradual increase legislated under previous reforms.
Read More
With the purchasing of luxury vehicles on the rise it’s important to be aware of some specific features of the tax system that can impact on the real cost of purchase.
Read More
This tax season, we’ve seen a surge in questions about whether interest on a loan can be claimed as a tax deduction. It’s a great question as the way interest expenses are treated can significantly affect your overall tax position.
Read More
Estate planning for blended families involves unique challenges due to the need to fairly address the interests of current spouses, shared children, and children from previous relationships. Clear communication and professional advice are essential to create an effective plan that prevents disputes and ensures all wishes are respected.
Read More
We are often told that paying off the mortgage on our home should be our first priority because the interest is not tax deductible. But does this apply to everyone?
Read More
Income protection insurance is essential for safeguarding an individual’s ability to earn income, especially when accidents or illnesses prevent work. This type of insurance complements workers compensation and varies by policy terms and state regulations, making professional advice valuable for optimal coverage.
Read More
Workers compensation is a complex, state-based system in Australia that provides income and medical coverage for work-related injuries, but coverage details and benefits can vary significantly depending on the state or territory. This complexity can create financial challenges for injured workers, especially those with multiple jobs or high incomes.
Read More
Wars in Europe and the Middle East, volatile oil prices and shifting US policies are making headlines - but failing to dampen market optimism. The ASX closed the financial year with a near 10% return – its strongest since the COVID-19 crisis and despite US tariff threats. Despite tariff risks for the US economy, the S&P 500 index surged to a four-month high on hopes of future rate cuts and smooth trade negotiations.
Read More
When the temperature drops, it feels like more of an effort, but getting outdoors, even when it’s chilly, can do your brain and body a whole lot of good.
Read More
Australians inherited an estimated $150 billion in 2024, an increase of more than 70 per cent in a decade, according to a JBWere report.
Read More
With the new financial year comes a fresh wave of superannuation changes that could make a real difference to your retirement savings.
Read More
You may have seen the viral headline about a new U.S. tax bill called the One Big Beautiful Bill, but what does it mean for Australian investors, especially super funds and small businesses with US exposure? Turns out, it could mean a hit to investment returns.
Read More
For decades, trust structures have been a cornerstone of the Australian tax and financial system, prized for their asset protection and flexibility when it comes to income distributions. However, with regulatory changes and mounting administrative complexity the shine has been wearing off lately, prompting some businesses and investors to rethink their use.
Read More
They’re advising from your insta and TikTok feeds, they’ve got huge followings, they speak with conviction - financial influencers or ‘finfluencers’. Please heed our caution, taking advice from unqualified sources can have serious consequences. We’re seeing examples of misleading claims, exaggerated deductions and outright misinformation.
Read More
If you're carrying an Australian Taxation Office (ATO) debt there is a good chance that it will cost you even more from 1 July 2025 onwards. This is because from 1 July 2025 two types of interest charges imposed by the ATO are no longer deductible.
Read More
Division 296 super tax is a controversial Federal Government proposal to impose an extra 15% tax on some superannuation earnings for individuals if their total superannuation balance (TSB) is over $3 million as at 30 June of the relevant income year.
Read More
The US economy experienced a notable slowdown in the first quarter of 2025. The latest GDP data showed the economy contracted at an annual rate of -0.3%.
Read More
If you are involved with running a Not for Profit (NFP) organisation it is important to be aware of key obligations and requirements.
Read More
With the 2025 tax season fast approaching the Australian Taxation Office (ATO) is reminding taxpayers to be careful when claiming work related expenses. This is in reaction to a spate of claims that didn’t quite pass the ‘pub test’.
Read More