Small businesses in dispute with the ATO over their tax debt will get “a fairer go” under new rules proposed in the federal budget. Meanwhile, one-year extensions have been granted for the full asset write-off and loss carry-back schemes. Let’s break it all down.
Continue reading “SMEs to get full asset write-off extension and fairer go with ATO”Single parents and first home buyers get big budget boost
Single parents saving for a property and first home buyers are the big winners from this year’s federal budget. Today we’ll break down the three schemes that will help them crack the property market sooner.
Continue reading “Single parents and first home buyers get big budget boost”Is it cheaper to buy or rent your next home? You might be surprised
While it might feel like property prices are skyrocketing out of reach, the majority of Australian homes are actually cheaper to buy than rent over the next decade, according to a new report.
Continue reading “Is it cheaper to buy or rent your next home? You might be surprised”Has the housing market’s latest record-breaking run peaked?
Property prices climbed at a breathtaking pace in early 2021, which has been good news for homeowners and heartbreaking for house hunters. However, there are seven key signs that the pace of capital gains has peaked, says CoreLogic.
Continue reading “Has the housing market’s latest record-breaking run peaked?”Business demand for equipment has hit record numbers
Businesses across the country are purchasing new equipment and vehicles in record numbers, as companies big and small embrace the strongest market conditions seen in years, according to NAB data.
Continue reading “Business demand for equipment has hit record numbers”HomeBuilder extension gives applicants extra 12 months to start building
Tens of thousands of HomeBuilder applicants around the nation can breathe a sigh of relief after the federal government extended the construction commencement requirement from six months to 18 months.
Continue reading “HomeBuilder extension gives applicants extra 12 months to start building”How long do you have to snap up a property in the current market?
You open up the real estate app on your phone, scroll through a few listings, and then there it is: the home of your dreams, ‘added 1 hour ago’. So just how long do you typically have to act in this hot market?
Continue reading “How long do you have to snap up a property in the current market?”COVID-19 repayment amnesty over: how to avoid a bad credit rating
The COVID-19 loan deferral program and credit reporting amnesty is now over, which means banks will report any late repayments on mortgage or small business loans to credit agencies unless you’ve entered into a hardship arrangement.
Continue reading “COVID-19 repayment amnesty over: how to avoid a bad credit rating”Fixed mortgage rates set to rise in coming months: experts
House prices could jump 17% in 2021 and mortgage rates are set to rise much sooner than expected, ANZ Bank has tipped.
Continue reading “Fixed mortgage rates set to rise in coming months: experts”Free new mental health support service for small business owners
Floods, fire and pandemic – it’s been an incredibly tough 15 months for many Australian businesses. And with government support about to end, looking after your mental health will be just as important as taking care of your business’s financial health.
Continue reading “Free new mental health support service for small business owners”