Maximising tax savings: Top 10 End of Financial Year tips and the value of professional advice

23 May

The end of the financial year (EOFY) is a critical period for individuals and businesses alike. Proper planning and organisation can lead to significant tax savings and ensure compliance with tax laws.    Here are ten essential EOFY tax tips and...[Read More]

Some ideas to future-proof your family finances

23 May

If there’s anything people learned from the recessions and global crises of recent past, it’s that no one is immune to economic upheavals.   Even middle to upper-class families are at the mercy of their finances when misfortune strikes. This...[Read More]

How helping others can also benefit you

23 May

It’s common knowledge that showing kindness or compassion is good. However, are you aware that being helpful also benefits your mental health?   In this post, we’ll examine some key advantages of showing kindness to others.   1. It improves...[Read More]

Making an effort to live an eco-conscious lifestyle

23 May

Adopting an eco-conscious lifestyle has far-reaching implications for not only reducing your individual carbon emissions but also preserving valuable natural assets and contributing to a more liveable planet. Each of us, in our daily activities, has...[Read More]

Tips for getting ready for a holiday overseas?

23 May

If you plan to embark on overseas travel, then it’s crucial to be prepared.   For sure, the thought of holidaying overseas is exciting. However, aside from mastering what to pack for a holiday abroad, make sure you follow these tips to ensure you...[Read More]

Consumer spending the wildcard in rate hike uncertainty

23 May

Australian consumers have been saving rather than spending and a change in behaviour could complicate matters for the Reserve Bank, keeping interest rates higher for longer. The minutes from the central bank’s May meeting confirmed a rate hike was...[Read More]

Oliver’s insights – The next move in the RBA cash rate likely remains down later this year

23 May

Key points – While the near-term risks for the RBA cash rate are probably on the upside, the most likely scenario is that the RBA holds rates ahead of rate cuts starting later this year. – The March quarter US and Australian inflation scare is...[Read More]

Investment markets and key developments – Weekly market update 17/5/2024

23 May

Better news on inflation and signs of a “good” moderation in US economic growth (rather than signs of a sharp slowdown) led to a repricing for slightly earlier Fed rate cuts, a fall in US bond yields, a lower US dollar (and a slightly higher...[Read More]

Changes are coming for trust tax returns

23 May

From 1 July, there’ll be changes to the way you report and submit trust tax returns. Income tax reporting changes under the Modernisation of Trust Administration Systems (MTAS) will come into effect on 1 July for small business owners who are...[Read More]

Rationale behind RBA’s last cash rate call on show

23 May

Lingering price pressures had the central bank alert and watchful at the last interest rate call and the minutes of the board’s meeting will be combed through for further insights. Slated for release on Tuesday, the minutes from the Reserve...[Read More]

Call to expand reasons to ignore boss in new work laws

22 May

A worker’s right to ignore unreasonable out-of-hours contact from their boss should expressly include when they are on approved leave as well as staffing arrangements, the peak union body says. Right to disconnect laws passed by the Albanese...[Read More]

Income gap roars back in post pandemic recovery

22 May

The gap between the haves and have-nots narrowed during the COVID-19 pandemic but widened again as the economy roared back to life when lockdowns ended and borders reopened. Yet with the fresh Productivity Commission analysis failing to cover the...[Read More]

PM backs budget despite lukewarm polling response

22 May

Prime Minister Anthony Albanese has defended cost-of-living relief measures despite the federal budget failing to spark a major boost in the polls. The $300 rebate for household energy bills proved popular, with 72 per cent of people supporting the...[Read More]

‘No one is immune’: scammers targeting property buyers

22 May

Property buyers are being swindled out of hundreds of thousands of dollars as scammers target the email accounts of financial service businesses. Scammers are hacking the cybersecurity systems of conveyancing professionals and tricking potential...[Read More]

New energy projects needed to keep the lights on

22 May

AUSTRALIAN ENERGY MARKET * Blackouts, power outages and increased energy prices are forecast across several states unless urgent government action is taken * The NSW, Victorian and South Australian governments must invest in energy projects or power...[Read More]