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Looking to take advantage of the red-hot property market and offload an investment property? Here’s how to work out what you could have to pay in tax and how to keep more of the money for yourself.
Notwithstanding an opportunity to trick those around you with an April Fool’s Day prank, today marks the start of a new fringe benefits tax year.But do you know the rules and what does and doesn’t qualify?
For some employees, special fringe benefit tax concessions available to their employer means salary packaging becomes a no-brainer, but it can still have a significant impact on your personal tax situation.
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As many households are dipping into their savings and mortgage offset accounts to get through this challenging period, here are five smart strategies to manage the cost-of-living crisis.
Got a home loan? You’re in a negative cash position. But the good news is you’re actually saving more than double that of those who just stick their cash in a savings account. Here’s how ...
The biggest changes to come out of the Aged Care Taskforce are those surrounding residential aged care and the amount you’ll be asked to chip in. Here’s what an aged care expert says is likely to be targeted.
The last four decades leading to 2021 were a golden age for investors. That golden age is now almost certainly over.
The slowing economy does not mean the war on inflation has been won, Reserve Bank of Australia governor Michele Bullock has warned, meaning it will need to tread carefully to ensure inflation falls.
A whopping profit on the sale of an investment property or a windfall received through a superannuation death benefit payment could have a nasty sting in the tail if you don’t have private health insurance.
As arguably one of our biggest household expenses, health insurance is again under the surgical spotlight with annual premiums set to rise by more than 3 per cent. Here’s how to give your cover a check-up.
Comparing what returns you get from your ‘balanced’ super fund with a partner or mate can be dangerous. You’re not always comparing like-for-like. Here’s what may be different ...
Young Australians are increasingly relying on the Bank of Mum and Dad to get a deposit or to guarantee a loan. But it’s far from clear whether such assistance works well for the parents providing the support.
Australian computer scientist Craig Wright is not the founder of bitcoin and does not control the intellectual property rights, the UK high court has ruled.
Exposure to glorified lifestyles online has left many people, especially young adults, feeling financially inadequate, even if they’re doing relatively well, reports show.
No matter where financial markets or economic cycles are at, pessimists and optimists abound in roughly even numbers. They can’t both be right. So who wins? You do, if you play it right.