Business
October 11, 2023

The ‘Airbnb’ Tax

Property investors that choose to utilise their property for short-term stays (or leave it vacant) are firmly in the sights of the regulators.  The Victorian Government’s recent Housing Statement announced Australia’s first…
Xero
September 28, 2023

Xero Beautiful Business Fund

Xero recently announced the launch of the Xero Beautiful Business Fund. Itʼs their new initiative, backing small businesses for the future. What does this mean? Xero is offering more than NZ$750,000 in…
Business
July 19, 2023

Alert!

Victorian WorkCover premiums have increased to an average of 1.8% of annual remuneration compared to 1.27% last financial year. This is an unprecedented increase of 42%.  The increase in rates…
ATO Updates
June 1, 2023

ATO Rental Property Blitz

The Australian Taxation Office (ATO) has launched a full-on assault on rental property owners who incorrectly report income and expenses. The ATO’s assessment, based on previous data matching programs, is…
SMSF
May 10, 2023

Tax on super balances above $3m

In a very quick turnaround from announcement to draft legislation, Treasury has released the exposure draft legislation for consultation to enact the Government’s intention to impose a 30% tax on…