FOLLOWING THE RECENT FEDERAL ELECTION AND WIN FOR THE COALITION GOVERNMENT, BUSINESSES CAN LOOK FORWARD TO THE INCREASED INSTANT ASSET WRITE-OFF OF $30,000 EFFECTIVE FROM 2nd APRIL 2019 to 30th JUNE 2019 How can Small Businesses claim this immediate deduction? A Business can claim an immediate deduction for a depreciating asset in an income year. […]

What is the NDIS?

The NDIS is the National Disability Insurance Scheme which is reforming the way the disability services are funded and delivered to those who are disabled.  The scheme was launched in July 2013 in four locations.  The dull rollout commenced in July 2016 and will be completed by 2020 across Australia. The NDIS works like insurance, […]

Super News for Retirees

Federal Government released draft legislation whereby retirees over 65 would be able to make to their superannuation contributions up to $300,000 within a 90day period of selling their home and providing they were moving into a retirement community, aged care facility or smaller homes not close to schools or away from major employment centres or […]

Market Update

Is the Second Longest Bull Market Running Out? The bull market is still going but how long can this bull market keep running? Since March 2009 it is the second longest bull market in 99 months. Markets have risen considerably. Bull markets cannot go on forever and while we are still seeing growth, it’s probably […]

Market Update

Housing Market The Australian Bureau of Statistics has released dwelling approvals data for the month of May at a national level showing the number of dwelling approvals fell by 5.6% to 16,448.  The decline was due to the unit and apartments dropping by 12.1%, however home approvals actually rose slightly.  There is still the belief […]

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