How high will interest rates go
Low interest rates have been a mainstay since the global financial crisis of 2008. When the pandemic hit, Governments pushed stimulus measures through the economy and central banks reduced interest…
It’s Not Easy Being Green
Climate change featured heavily during the election and now the Albanese Government is putting into place some of the promises it made. We look at the current state of play…
HomeBuilder: What is it and how do you access it?
The Government has announced grants of $25,000 to encourage people to build a new home or substantially renovate their existing home.The HomeBuilder scheme targets the residential construction market by providing…
Why the Government does not want your business accepting cash payments of $10,000 or more
From 1 January 2020, the Government intends to restrict the value of cash payments a business makes or accepts to amounts under $10,000. Ignoring the limit will become a criminal…
Got a HELP debt? The impending changes to speed up your repayments
The Government has moved to put an end to ‘eternal students’ who constantly study and never earn an income and speed up the payment cycle for those with outstanding debt.…
Superannuation changes passed by Parliament
The government's extensive changes to the taxation laws regarding superannuation were passed by Parliament on 23 November 2016. According to the Treasurer, Mr Scott Morrison: "The superannuation reform package better…
Parental leave. Where are we up to?
How did paid parental leave get to be so contentious? The current debate is not about parental leave in general; the entitlement to 12 months with a potential for 24…
Government 'backflip' on superannuation changes
Last month we reported on the governments decision to take back the budget proposed superannuation changes, replacing them with a lesser version of what is currently available. In case you…
Government's superannuation program update
Now that the government has been re-elected, it seems that they are committed to proceeding with their superannuation policy, including the controversial measure to impose a 'lifetime cap' of $500,000 on the amount…
Government set to re-think the backpacker tax
The Deputy Prime Minister and the Assistant Agriculture and Water Resources Minister have announced a review into taxation arrangements for the Working Holiday Maker visa program. The review’s scope will…