From 1 July 2025, interest charges on overdue tax debts will no longer be tax-deductible, marking a significant shift in the ATO’s approach to late payments. This article explores what the change means for taxpayers, the rationale behind it, and how individuals and businesses can prepare before the deadline hits.
As you approach retirement, your investment strategy must evolve. This article explores how asset allocation should shift with age to balance income needs, longevity risk, and capital protection.
In May, Australian and global markets rebounded strongly on easing trade tensions, solid earnings & improving inflation data. The RBA cut rates again, boosting local equities, while global stocks rose on soft-landing hopes. Bond yields climbed on fiscal concerns, and commodities saw mixed results. Emerging markets outperformed, and the AU dollar benefited from a weaker US dollar.
With winter temps falling, chances are your power bills will rise. This helps explain why buyers are willing to pay 14% extra for energy-efficient homes on average. Here’s how to give your place a ‘green premium’.
Australian borrowers have received another reprieve with the Reserve Bank of Australia (RBA) today cutting the cash rate by 25 basis points to 3.85%. How much could this decrease your monthly mortgage repayments?
Effective tax planning ideally happens year-round, but if you're like most people, there are always a few things you can tidy up as the financial year draws to a close. Here's your quick guide to ensure you're prepared: