The Morrison government is giving consideration to allow a federal institution such as the Future Fund to offer low-fee superannuation accounts to the general public to compete against Australia’s underperforming $2.7 trillion self-managed super fund system. According to …
ReadAccording to this Productivity Commission report that was released on 10 January 2019, one-third of Australians with self-managed super funds are sabotaging their own retirements. The report found numerous funds that were too little to make comparable returns. As …
ReadDoes the idea of buying commercial property instead of renting your current business premises appeal to you? Or are you undecided whether to purchase a commercial investment over a residential property for your portfolio? It can be hard …
ReadFirst-time investor, Bianca, was initially apprehensive about committing to property investment. When she approached DPN for help, she was presented with proven strategies and a property investment solution that changed her outlook on investing. The property investment solution …
ReadGenerally, commercial residential properties are subject to GST. However, there are instances when the GST is reduced such as the GST payable on supplies of commercial accommodation for 28 days or more. Let’s further discuss the connection between …
ReadNext year Australian property will be hit by multiple forces – some for the good, some for the bad. But, by the end of 2019, there will be greater optimism in property than there is now. Here’s What …
ReadEven though Brisbane’s house prices continue to decrease at a slightly faster rate than Sydney and Melbourne, Brisbane’s residential market is expected to outshine both cities this year. Throughout 2018, house values in Brisbane rose by a modest …
ReadThe Australian Prudential Regulation Authority (APRA) has revealed that it will eliminate its benchmark on interest-only residential mortgage lending by authorised deposit-taking institutions (ADIs). The benchmark was implemented as a temporary procedure in March 2017 to reinforce “sound …
ReadMake a more informed decision around SMSF pensions by reviewing our most popular questions and answers. Paying a pension from a self-managed superannuation fund is not difficult, but you do need to know what you are doing. As …
ReadSometimes in life, you just have to let it go. You have to let go of anger, regrets, grief, a toxic relationship, a job you hate, anything that is causing you stress and anxiety and affecting your health. …
ReadWell, we all know the election is coming when a war of words starts between the government and the Labor Party over tax policy. The major parties sparred over the crucial findings of the Organisation for Economic Co-operation …
ReadIt’s that time of year when families gather around the dining table to dig into a Christmas roast, peel some fresh prawns to dip in some thousand island dressing or indulge in a sizzling barbeque in the backyard. …
ReadAccording to abc.net.au, the last time Sydney real estate prices fell by this much, home mortgage rates were at around 17%, unemployment was 6%, and Australia was heading into a recession. What a contrast to the current real …
ReadSince 2015, more than 300 foreign buyers who remained in breach of ownership rules have actually been required by the government to sell their Australian real estate properties. The government granted the ATO increased power for real estate …
ReadSydney and Melbourne may be labelled as rivals but they have much in common, especially their economies. Knowledge-intensive service industries have transformed both cities over the previous 20 years. The four biggest markets by output in both Sydney …
ReadThe well-laid plans of buyers in the business of flipping houses are starting to come unstuck with many finding they have actually mistimed the market and are now dealing with substantial losses. In the past two years, a …
ReadHere at Chan & Naylor, we continue to raise the bar of financial advice to our valued clients. Aside from our reliable tax accounting and bookkeeping services, we are also a wealth planning firm that empowers our clients …
ReadA trust is an asset-holding entity that is managed by an obligated person or entity (trustee) to maintain the assets for the benefit of its beneficiaries. Trusts can provide you with crucial asset protection, estate planning along with …
ReadDue to increasing reports of fraudulent activity, the Australian Taxation Office (ATO) will be implementing a mandatory multi-factor authentication for some cloud accounting software users by the end of this year. Software that lodges or contains superannuation and/or …
ReadWhen is the best time of year to buy a new car? A very common month that we often see a huge for car finance is June due to end of financial year sales; June is certainly a …
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