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Posts Tagged ‘news’

WA Property Market Update March 2024

March 27th, 2024

As Western Australians navigate a tricky economic and property market landscape through the end of the March quarter and into the remainder of 2024, the latest data reveals interesting trends in the WA housing values and rental markets. Despite challenges like interest rate hikes, worsening affordability, and the rising cost of living, certain factors likeread more

Act Now: ATO Interest Charges Will Soon be Non-Deductible

March 13th, 2024

Do you have ATO interest charges hanging over you? Hoping to claim them as a tax deduction when you pay them off? If so, read on, because a recent Government announcement aims to put a stop to interest charge deductibility. Previously, general interest charge (GIC) and shortfall interest charge (SIC) could be claimed as aread more

Understanding the Closing Loopholes Bill (No 2)

March 7th, 2024

Australia's employment landscape is on the cusp of significant transformation with the recent passage of the Closing Loopholes Bill No 2 through the Senate on 8 February. Aimed at tightening the reins on workplace practices, this legislation brings to the fore new protections for employees, casual and gig workers, along with a revised legal definitionread more

WA Property Market Update February 2024

February 28th, 2024

2023 emerged as a year of robust growth and significant transformations in the WA Property Market, with more of the same expected through February and the rest of 2024. Anchored by increasing median house prices in Perth, the market demonstrated resilience and appeal and maintained its status as the second most affordable capital city inread more

The Impact of Interest Rates on Your UK Pension Transfer

February 23rd, 2024

Following several years of the RBA keeping Australia’s Cash Rate Target below 1.00%, successive interest rate rises throughout 2022 has seen the cash rate reach highs not seen in over a decade. While the focus on rate rises is the impact on inflation, the stock market or local property markets, less is understood about theread more

Unfair Contract Terms (UCTs) – Australian Businesses on Notice

February 14th, 2024

Australian business owners are now on notice, following significant changes to the Unfair Contract Terms (UCT) regime under the Australian Consumer Law, effective from 9 November 2023. The changes are aimed at protecting Australian businesses and consumers, and ensuring standard form contracts are fair to all parties. This legislation brings with it substantial penalties, soread more

Urgent: Have You Applied for Your Director ID Yet?

February 7th, 2024

Back in 2021, we covered in an article the rollout of Director IDs by the Australian Business Registry Services (ABRS) – a measure intended to combat fraud and security issues in Australian businesses. Now we’re in 2024, the ABRS continues to engage with directors of companies that haven’t yet met their obligations – meaning ifread more

WA Property Market Update January 2024

January 31st, 2024

As we see out January and venture further into 2024, the Western Australian property market presents a landscape of opportunity and resilience, having weathered economic fluctuations and policy changes in 2023. Last year was a testament to the market's robustness, with Perth’s property market experiencing substantial growth, where other markets struggled. Now looking ahead toread more

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