Tax Alert June 2024 Taxpayers can look forward to a tax cut starting from July 1, thanks to the centrepiece of the Federal Budget delivered in May. On average, taxpayers will save around $36 a week under the new rules, which were legislated in February. The lowest tax...
June 2024 Insights With Winter now officially underway, some might be heading north to warm up and others may lean into the cold on the snowfields. Whichever you choose, don’t forget the approaching end of financial year. A slight increase in the Consumer Price Index...
Federal Budget 2024-25 Analysis Treasurer Jim Chalmers has high hopes that his 2024-25 Federal Budget will rein in inflation earlier than expected, ease cost-of-living pressures and build a stronger economy for the future. More than $8.4 billion has been allocated to...
Caring through retirement As we move through the various phases of retirement, our lifestyle and care needs will change. At some point, we or our loved ones will need varying degrees of assistance, and it is important to understand the emotional, financial, and...
Understanding SMSF loans Loaning money from an SMSF to fund members or relatives is against the super laws and can result in large fines for trustees, so it’s important to know the rules and not use SMSF savings for anything other than retirement purposes. New ATO...
