Tax
Business taxation advice: Why your accountant is one of your most valuable business partners
12 March
Running a business often starts with a passion. Whether you launched your venture to pursue a lifelong interest, create financial independence, or support the lifestyle you have envisioned, building a successful business requires dedication,...[Read More]
Super tax changes a ‘down payment’ for greater reform
12 March
Wealthy superannuants will pay more tax on balances over $3 million after the Greens rolled over on demands to beef up the contentious new laws. The government is expected to get the long-promised tax changes passed through parliament by the end of...[Read More]
‘Be bold’: Spender urges income tax shake-up in budget
12 March
The average Australian worker would receive more than $1600 a year in income tax cuts as part of independent MP Allegra Spender’s blueprint to restore fairness to the nation’s economy. Released alongside an address to the National Press Club on...[Read More]
Top 5 tax obstacles for small business (and how an accountant can help)
5 March
Running a small business can feel like spinning plates — sales, staff, customers, cash flow… and then tax season quietly creeps up behind you. While most business owners understand tax is part of the game, the real challenge lies in navigating...[Read More]
CBA boss calls for spending cuts, bold reform in budget
5 March
The bosses of Australia’s largest companies have urged Treasurer Jim Chalmers to take a bold agenda to the May budget to salvage the country’s faltering international competitiveness. Speaking at the Australian Financial Review Business Summit,...[Read More]
Minister won’t rule out tax change as Greens up demands
5 March
Young people see the housing market as being stacked against them, Australia’s housing minister says, as the Greens call for drastic changes to property tax concessions. Clare O’Neil continues to play a straight bat to suggestions the government...[Read More]
Pressure to fix gas tax raising less revenue than beer
4 March
Labor faces a push for a parliament inquiry into Australia’s underperforming gas tax amid growing calls to make fossil fuel multinationals pay a larger share. As Treasurer Jim Chalmers mulls tax reform to make the economy more productive and...[Read More]
Running a hospitality business: Getting tax and staff management right
26 February
Running a small business in hospitality is fast-paced, people-focused and often unpredictable. Between managing rosters, customer expectations, suppliers and cash flow, tax and compliance can easily slip down the priority list. Yet for cafés,...[Read More]
Vested interest ‘cartel’ killing Aussie housing dream
26 February
A “cartel” of vested interests is stymying crucial tax reforms which could help free up more homes, a former boss of the Reserve Bank says. Bernie Fraser, the only person in Australian history to have served as both RBA governor and Treasury...[Read More]
Why tax planning works best when it’s not left until June
19 February
Tax tends to become a priority when deadlines are close — but the best tax outcomes are usually supported by decisions made throughout the year. For individuals and business owners alike, proactive tax planning can reduce last-minute stress,...[Read More]
One tax still off the table as treasurer weighs reform
19 February
Treasurer Jim Chalmers won’t change the GST despite urging from an influential global economic body to lift the consumption tax. In its latest report, the International Monetary Fund praised the federal government’s handling of Australia’s...[Read More]
Electric car sales may stall if tax policy changes gear
18 February
At launch, the Electric Car Discount was expected to help about 5000 Australians get behind the wheel of a quiet, low-emissions, battery-powered vehicle. The policy, introduced in 2022, removed the fringe benefits tax from some electric cars,...[Read More]
‘Right the ship’: polluters tax could be vote spinner
18 February
Forcing Australia’s biggest polluters to pay tax for their emissions may no longer be electoral kryptonite, polling indicates. The survey of 3000 Australian adults by Redbridge Group showed most regional and urban voters supported introducing a...[Read More]
Tax made simple: The top questions people ask their accountant
12 February
Tax is one of those topics everyone knows is important—but few feel confident navigating alone. Rules change, life circumstances shift, and what worked last year may not work this year. That’s why accountants are one of the most frequently...[Read More]
Greens hold door open to capital gains tax reforms
12 February
Winding back the capital gains tax discount must be part of a broader tax reform package tackling intergenerational inequity and sluggish productivity, the federal treasurer has been told. The government refused to shut down reports it was...[Read More]