Time running out to register for the JobMaker Hiring CreditSep 7 2021
The JobMaker Hiring Credit scheme's third claim period is now open, so if a taxpayer has taken on additional eligible employees since 7 October 2020, they may be able to claim JobMaker Hiring Credit payments for their business.
ATO warns property investors about common tax trapsSep 7 2021
The ATO is reminding property investors to beware of common tax traps that can delay refunds or lead to an audit costing taxpayers time and money.
Expansion of support for SMEs to access fundingSep 7 2021
The Government is providing additional support to small and medium sized businesses ('SMEs') by expanding eligibility for the SME Recovery Loan Scheme.
Market Snapshot: August 2021Sep 7 2021
In this month's market snapshot, we take a glimpse at what the market has been up to and what the key developments were for August 2021.
Frankly speaking: Tax benefits of sharesSep 7 2021
Australian shares are popular investments with self-funded retirees and anyone who depends on income from their investments, due in part to the favourable tax treatment of franked dividends.
Don’t take super cover for grantedSep 7 2021
Buying insurance through super has many advantages, but you need to make sure you are getting the right cover for your individual needs. In some cases, you may be paying for nothing.
Aged Care Payment OptionsSep 7 2021
When it comes time to investigate residential aged care for yourself, your partner, parent or relative, the search for a facility and how to pay for it can seem daunting.
Market Snapshot: July 2021Aug 18 2021
In this month's market snapshot, we take a glimpse at what the market has been up to and what the key developments were for July 2021.
Investing lessons from the pandemicAug 18 2021
While every financial crisis is different, some investment rules are timeless. So, what are the lessons of the last 18 months?
What if I exceed my super contribution caps?Aug 18 2021
Making additional personal contributions to superannuation is a great way to boost your retirement savings in a tax-effective way. But there are strict caps or limits on the amount you can contribute each year and stiff tax penalties for exceeding the limits.
New Financial Year rings in some super changesJul 15 2021
As the new financial year gets underway, there are some big changes to superannuation that could add up to a welcome lift in your retirement savings.
Market Snapshot: June 2021Jul 15 2021
In this month's market snapshot, we take a glimpse at what the market has been up to and what the key developments were for June 2021.
What’s up with inflation?Jul 13 2021
Fears of a resurgence in inflation has been the big topic of conversation among bond and sharemarket commentators lately, which may come as a surprise to many given that our rate of inflation is just 1.1 per cent.
SMSFs closing the age and gender gapJul 13 2021
Self-managed super funds (SMSFs) have emerged from a difficult year stronger than ever. Not only have balances been repaired after the initial market shock in the early days of COVID-19, but more young people and women are taking control of their retirement savings.
Market Snapshot: May 2021Jun 16 2021
In this month's market snapshot, we take a glimpse at what the market has been up to and what the key developments were for May 2021.
Reduction in minimum pension drawdownJun 16 2021
The Federal Government recently announced an extension of the temporary reduction in superannuation minimum drawdown rates for a further year to 30 June 2022.
Time to review your income protection coverJun 16 2021
If you’ve owned an individual income protection or salary continuance policy in recent years, you may have seen your premiums increase as insurers struggled to cover their large losses on these products.
Counting down to June 30Jun 4 2021
As the end of the financial year approaches, now is a good time to check some new and not so new ways to reduce tax and boost your savings.
Tax Alert June 2021Jun 4 2021
Here’s a roundup of some of the key developments when it comes to tax.
Market Snapshot: April 2021May 20 2021
In this month's market snapshot, we take a glimpse at what the market has been up to and what the key developments were for April 2021.
SMSF sector continues to growMay 20 2021
The ATO has recently released its annual statistical overview for self managed superannuation funds (SMSFs) the 2018/2019 financial year, providing key statistics and analysis of the SMSF sector.
Federal Budget 2021-22: Focus on TaxMay 12 2021
Support for Australia’s businesses and our personal finances was at the heart of this year’s Federal Budget as the Morrison Government continues its attempts to strengthen the post-lockdown economy.
Federal Budget 2021-22 AnalysisMay 12 2021
In his third and possibly last Budget before the next federal election, Treasurer Josh Frydenberg is counting on a new wave of spending to ensure Australia’s economic recovery maintains its momentum.