Navigating market volatility: smart tips for long-term investors
22 May
Ever considered that share market volatility could actually be a good thing? It might not feel that way when headlines scream about falling prices or when you see your portfolio dip. But volatility is a normal—and often necessary—part of...[Read More]
Stronger for longer: why resistance training matters after 65
22 May
As we age, it’s natural for our bodies to change—but losing strength and mobility doesn’t have to be one of those changes. In fact, people over 65 can greatly benefit from resistance training, often referred to as strength or weight...[Read More]
Resistance training on a budget? Tips to build a home gym
22 May
While most people are aware of the importance of regular aerobic exercise, the significance of resistance training (aka weight or strength training) is often overlooked. It’s recommended that adults engage in at least two 20- to 30-minute...[Read More]
The importance of keeping a vehicle mileage logbook plus tips for record-keeping
22 May
Maintaining a vehicle mileage logbook is an essential practice for anyone who uses their vehicle for business purposes. Not only does it help with accurate record-keeping, but it also ensures compliance with tax regulations, provides evidence for...[Read More]
It is important to distinguish between being financially secure and feeling financially secure
22 May
Financial security is a universal goal that transcends income brackets and age groups. It is not solely determined by the amount of money one possesses or earns, but rather by the feeling of reassurance and peace of mind that comes with knowing your...[Read More]
Full extent of Trump’s tariff slap on economy revealed
22 May
Australia’s economy will take an $8 billion dollar hit in 2025 as a result of Donald Trump’s tariffs, the Reserve Bank estimates in updated economic forecasts. Inflation is also expected to come in lower than it otherwise would have, the RBA’s...[Read More]
‘Sustainable’: push to keep low-paid from falling back
22 May
Treasurer Jim Chalmers wants to ensure Australia’s lowest paid workers don’t go backwards, but stresses a real wage rise must not harm the economy. In its formal submission to the Fair Work Commission’s annual review of minimum and award...[Read More]
How to claim income tax deductions for work-related expenses and other expenses, and record your deductions.
22 May
Instant tax deduction On 13 April, the government announced a $1,000 instant tax deduction, so that taxpayers won’t need receipts to claim a deduction of less than $1,000 for work-related expenses in their tax return. This change is subject to...[Read More]
Find out if your business is eligible for the $20,000 instant asset write-off for the 2024–25 income year.
22 May
Have you purchased or are you purchasing a business asset this financial year? The instant asset write-off limit is $20,000 for the 2024-25 income year. If your business has an aggregated annual turnover of less than $10 million and uses...[Read More]
Trump’s tariff ‘rollercoaster’ raises recession risk
22 May
Australians are being assured the nation is well-placed to avoid a recession as the Reserve Bank expresses alarm over Donald Trump’s trade war “rollercoaster”. Forecasts released by the Reserve Bank of Australia have painted a bleak picture of...[Read More]
Renewables, AI rules top productivity reform wishlist
22 May
Regulating the reckless use of artificial intelligence, speeding up approvals for renewable energy projects, and changing privacy and corporate tax laws will be targeted in a push to boost the Australian economy. The Productivity Commission named 15...[Read More]
EOFY countdown: personal tax tips to maximise your refund
15 May
As the end of the financial year approaches, it’s a smart time to start preparing your personal tax return. Being proactive now can help you avoid stress, maximise your deductions, and potentially increase your refund. Whether you’re a...[Read More]
Taxation for small business owners: EOFY preparation and working with your accountant
15 May
As the end of the financial year (EOFY) approaches, small business owners face one of the most critical periods in their business calendar. Proper preparation and a clear understanding of your taxation obligations can make a significant difference...[Read More]
Make the most of EOFY: super strategies to discuss with your financial adviser
15 May
As the end of the financial year (EOFY) approaches, it’s a timely reminder to check in on your financial health and take advantage of opportunities to strengthen your retirement savings. Whether you’re looking to grow your superannuation,...[Read More]
Understanding debt recycling – transform bad debt into good debt
15 May
Debt recycling is a financial strategy that can help you transform bad debt into good debt, boosting your wealth and enhancing your financial future. This article explains the concept, its benefits, risks, and how it might apply to your specific...[Read More]