News

How Australians are taking advantage of income tax cuts

  New research has offered insight into how Australians intend to save the gains generated from income tax cuts rolled out in this year’s federal budget.  

2020 is coming to an end. Phew!!

  Some fireworks and a great Advent Calendar to help you celebrate.  On behalf of all our staff we wish our clients and their families a Merry Christmas, a Happy New Year and a great holiday period.  

Victorian State Budget Overview 2020 – 2021

  On Tuesday 24 November, the Victorian Treasurer, Tim Pallas announced the 2020-21 budget, detailing a number of measures focused on creating jobs, supporting families and helping small to medium businesses.  

ATO flags key deadlines for early release of super

  With the end of the year drawing closer, the ATO has outlined some of the cut-off dates and deadlines applying for members wanting to apply for the early release of their super.  

Super, death, and taxes

  An interesting finding in the federal government's Retirement Income Review report is that many Australians are dying with the majority of the wealth they had when they retired.  

2020 is coming to an end. Phew!!

  Some fireworks and a great Advent Calendar to help you celebrate. On behalf of all our staff we wish our clients and their families a Merry Christmas, a Happy New Year and a great holiday period.  

JobMaker hiring credit given green light despite ongoing concerns

  A Senate committee has recommended that the JobMaker hiring credit legislation be passed, despite concerns over its narrow eligibility and lack of protection for older workers.  

ATO extends JobKeeper deadlines ahead of Christmas

  JobKeeper deadlines for the second extension period have now been extended by the ATO ahead of the festive season.  

Small-business coronavirus grants set to be income tax-free under new bill

  A new bill that ensures state and territory grants issued in response to the coronavirus pandemic are not subject to income tax has now been introduced.  

Government targets fund expenditure, best interests in new super reforms

  Recently released draft exposure legislation will require trustees of super funds, including SMSFs, to exercise their powers in the best financial interests of beneficiaries and require APRA-regulated funds to support their expenditures with evidence.  

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