Depreciation of investment properties can be confusing at the best of times. Here are some of the mistakes you should be avoiding as you file your tax return for this financial year. Property investors can claim sizeable deductions for the natural wear and tear that takes...
As the Australian economy begins to emerge from hibernation, the question of what the recovery will look like – and how long it will take – is being hotly debated. AMP Capital chief economist Dr Shane Oliver says that although economic activity is unlikely to return...
It's a natural question about global policymakers' multitrillion-dollar efforts to prop up economies and markets against the monumental threat of the COVID-19 pandemic. And the question has understandably taken a back seat to confronting immediate health and welfare challenges.
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Aside from the shutdowns, job losses and restrictions, there’s been another worrying element to the COVID-19 (coronavirus) pandemic – scammers are zeroing in on the changes to our financial interactions and shopping habits to take advantage of people across Australia. Government website Scamwatch.gov.au reports that it’s...
SMSF clients planning to provide rent reductions to tenants should review the lease agreement to ensure the provision of rent relief won’t result in a breach of the lease, says an industry lawyer.
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The ATO has issued a list of tax-time myths, warning taxpayers that get-rich-quick schemes will only slow down returns.
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Australians are no longer confident of a comfortable retirement despite the impact of COVID-19 expected to be short-lived, new research finds. Survey results from State Street have found that 42 per cent of Australians are not optimistic about their retirement outcomes, a level similar to 2018 suggesting...
A mortgage is a household’s biggest expense, yet many households simply set and forget their interest rate, which is costing them thousands, two advisers have explained. In conversation with nestegg, uno Home Loans CEO Anthony Justice discussed how consumers should be looking to strengthen their position...
Melbourne buyers and sellers are both worried about the second wave, with auction cancellations and clearance rates shifting downwards, new figures have revealed. The six-week lockdown imposed in metropolitan Melbourne and the Mitchell Shire to curtail the resurgence of the coronavirus in Victoria has so far...
As the 2019–20 financial year draws to a close, a technical expert has highlighted some of the new rules commencing for super funds for the 2020–21 financial year.
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He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.