News & Articles

Whether you’re looking to stay ahead of tax updates, seeking strategic advice to propel your business forward, or exploring financial best practices for your investment property, our curated content is designed to empower and inform. Dive into our comprehensive collection of articles and equip yourself with the knowledge to navigate the financial landscape with confidence.

First Home Buyers Scheme- Buy your first home with 5% deposit

The federal government has said it will extend access to its Home Guarantee Scheme designed to help first-time buyers and single-parent families own a home sooner by lowering the barrier to enter the property market and negating the requirement for mortgage insurance....

Housing prices | Stock Diversity and Affordability

Australian housing values were 1.3% higher in November marking the 14th consecutive month where CoreLogic’s national home value index recorded positive value growth. The November update takes national housing values 22.2% higher over the past 12 months, adding...

Cryptocurrency Regulations are on its way

Australia will create a licencing framework for cryptocurrency exchanges and consider launching a retail central bank digital currency as part of the biggest overhaul of its A$650 billion-a-day ($463 billion) payments industry in a quarter of a century There has been...

66 per cent of investment properties have one thing in common

BMT Tax Depreciation has been helping property investors claim thousands of dollars in depreciation deductions for decades. A look into the schedules they have completed in the last three years has revealed an interesting statistic: 66% of these investment properties...

Have you missed the Tax lodgement deadline 2021?

The 2021 tax deadline has come and gone, with the Australian Tax Office (ATO) now urging late lodgers to file and pick up their refunds. The tax deadline was Monday, 1 November, but overdue returns can still be lodged through the ATO’s myTax service or via your...

Maximise cash flow from Spring clean and maintenance costs

Spring has sprung and many Australians are looking to freshen up their homes or investment properties. Property investors have the added benefit of claiming their Spring maintenance and cleaning costs as immediate tax deductions. But how does this work and what do...

What is the 2022 Property Market Outlook?

House Prices – Where are they heading House prices have continued to rise throughout 2021, however this trend could be set to end due to expectations that the Reserve Bank could lift interest rates sooner than anticipated. National property prices rose again in...

Director Identification Number

Company directors need to verify their identity as part of a new director identification number (director ID) requirement. A director ID is a unique identifier that a director will apply for once and keep forever – which will help prevent the use of false or...

Microgrants and JobSaver Update – NSW

Ongoing Support for NSW Businesses | JobSaver and Micro Grants New South Wales businesses will still be able to obtain financial support from the NSW Government as a result of the Covid-19 lockdown but there are important changes to the grants system that business...

5 Lessons for the Property Investor

Tips for Property Investors In 1949 the book 'The Intelligent Investor' was published by Benjamin Graham, an iconic book on investment psychology and long term gratification - both key traits for astute investors. The book focuses on longer-term and more risk-averse...

How you can claim thousands in tax deductions

Claim thousands in tax deductions off your property tax bill Just because June 30 has been and gone, property investors don’t need to wait another financial year to get a tax depreciation schedule. Even if a schedule is ordered after the end of a financial year (FY),...

Property Investors fail to claim Depreciation Deductions

BMT still finding an average of $8,940 in depreciation deductions Many of Australia’s property investors are still missing out on thousands of dollars in tax deductions each year by failing to maximise or claim depreciation for their investments. While changes to...