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]

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]

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]

Top 10 Essentials for Lifelong Health and Wellness

16 May

Creating a sustainable approach to health and well-being involves habits and practices that enhance physical, mental, and emotional health over the long term.    Here’s a top 10 list to help maintain ongoing health and well-being:   Balanced...[Read More]

5 Tips for an amazing life after retirement

16 May

Have you ever thought about life after retirement? If you have, you most likely think about the best things in life: a happy family, good health and wealth. The only way to make this dream retirement a reality is to have the right retirement...[Read More]

Oliver’s Insights – The economic impact of the 2024 Federal Budget

16 May

The 2024-25 Budget – another surplus, but bigger medium term deficits with more big spending, including on a “Future Made in Australia”   Key points   – The budget this year is expected to show a surplus of $9.3bn thanks to a...[Read More]

States query GST carve-up despite ‘constructive’ budget

16 May

States are split on the federal budget as the two most populous jurisdictions question their GST shares, while resource-heavy Western Australia counts its riches. NSW will be the biggest loser from the annual GST distribution set out in the budget...[Read More]

Treasurer absorbs warnings on budget fuelling inflation

16 May

While the federal government says its budget will lower inflation, analysts counter that broad cost-of-living relief, such as energy rebates and tax cuts, could make things worse. An expanded version of the energy-bill relief delivered in last...[Read More]