One of the hidden consequences of rising wages is that more and more Australians are set to pay what is known as Division 293 Tax. This tax applies to all…
Each year ASX, the company which is responsible for the bulk of Australian Stock Exchange Trading, runs an educational game for school children. In its marketing, the ASX schools share…
There have been numerous observations in the media about the apparent ineffectiveness of monetary policy, i.e. interest rates, in curbing our persistent high inflation. One of the alleged culprits is…
Those who have had experience with the aged care sector can attest to its complexity. A big part of that complexity lies in its acronyms! Two examples are the RAD…
Division 7A is a term many business people see and hear when reviewing their tax affairs with their accountants. It is a phrase that usually results in the clients eyes…
Age eligibility 2024 is actually a momentous year in relation to age pension eligibility. For a number of years there has been a graduated system of eligibility based on age….
The government has recognised the massive red tape burden that has been placed on financial planning firms. It has been one of their priorities to reduce this Red Tape. We…
Over the years, you may have heard us stating that low inflation, even if accompanied by low interest rates, is a good environment for retirees. While this sounds strange, given…
This newsletter had been written before the stage 3 tax cuts were changed. We had prepared an article to demonstrate the effects of different levels of income. Obviously, this is…