Key tax & lodgement dates for the April to June quarter 2024 21 April Lodge and pay March 2023 monthly business activity statement 28 April Lodge and pay March 2024 activity statement if lodging by paper Pay March 2024 quarterly PAYG Instalment notice Make March 2024 quarterly superannuation contributions by this date 15 May Lodge […]

Share markets at home and abroad pushed to record highs in the first quarter of 2024, with the technology sector in particular driving this, with the prospects of Artificial Intelligence (AI) outweighing concerns over slower global economic activity. Economic data in the US was mixed, with low unemployment and the prospects of interest rate cuts […]

Found yourself separated and suddenly single later in life? Life often has different plans for us than we may have imagined. Life after divorce (or separation) might bring with it a whole range of new things, including the need to rediscover yourself, dipping your toe back in the dating pool, and revisiting your plans for […]

Each year a number of superannuation thresholds are changed to reflect movements in full-time Average Weekly Ordinary Time Earnings (AWOTE). Please click here for our guide to useful rates and thresholds applicable for the 2024/25 financial year. Notable changes this July include: Increase to the Super Guarantee contribution rate to 11.5% Increase of the Concessional […]

Imagine that, without any effort on your part, enough money regularly pours into your bank account to meet (or exceed) all your living expenses. Suddenly, work becomes optional and a world of opportunities opens up. That’s the ultimate in passive income – all your financial needs met without lifting a finger. The fast way to […]

At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent. Wages growth picked up a little further in the December quarter, but appears to have peaked with indications it will moderate over the […]

At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent. Inflation continued to ease in the December quarter. Despite this progress, inflation remains high at 4.1 per cent. While there are encouraging signs, […]

Key tax & lodgement dates for the January to March quarter 2024 21 February Lodge and pay January 2024 monthly business activity statement. 28 February Lodge and pay SMSF tax return for fund newly established in the 2023 financial year. Lodge and pay December 2023 quarterly activity statements. 21 March Lodge and pay February 2024 […]

We all tend to understand that our retirement income is largely determined by what we contribute, and the earnings on our investments. What might surprise you though, is the extent to which investment returns – even just a small extra rate of return – can change things over time. According to research adapted for Australia […]

Strong gains for share markets around the globe through December saw the close to a turbulent, but financially rewarding year. International shares in particular benefitted from stronger than feared growth, an expectation of easing interest rates, and a booming tech sector (based on AI). Locally, inflation continues to bite With a new Governor at the […]

Nurturing Future Homeowners: A Brief Guide for Parents in Australia As parents, we share the common goal of providing our children with a strong start in life. However, the challenges of soaring property prices and fluctuating mortgage rates can make stepping onto the property ladder seem daunting. In this article, we will explore practical methods […]

Navigating Financial Waters: Practical Tips for Effective Budget Management In the face of rising mortgage rates and the ever-increasing cost of living, managing your budget has become a critical aspect of financial stability. Even during the best of times, maintaining fiscal discipline can be challenging, making it crucial to adopt a strategic approach to spending. […]

In our previous newsletter, we talked about the latest trends in retirement here in Australia, including the sheer numbers of Baby Boomers retiring this decade, along with the policy responses from government and financial institutions. In this article, we want to address some of the non-financial considerations, which may help you make a success of […]

At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent. Last month, the Board increased interest rates by 25 basis points, following a period of four months where it had held interest rates […]

At its meeting today, the Board decided to raise the cash rate target by 25 basis points to 4.35 per cent. It also increased the interest rate paid on Exchange Settlement balances by 25 basis points to 4.25 per cent. Inflation in Australia has passed its peak but is still too high and is proving […]