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Posts Tagged ‘news’
Commonwealth 25 Per Cent COVID Top-Up Payments
June 22nd, 2023Did your business receive payments through a COVID-19 Business Support Program? Depending upon which grant you received, your business may now be eligible for a 25 per cent top-up payment. Claims for the COVID-19 top-up payments will be open until the end of 30 June 2023 – given this short turnaround time it is criticalread more
Understanding Near-Prime and Non-Conforming Specialist Loans
June 14th, 2023If you’ve ever applied for a loan, particularly a mortgage, you’ll be aware of the hoops you’re required to jump through to get a loan approved by a lender, even if you decide to go with a broker. There are documents to provide, budgets to complete, and often a significant deposit to put down. Theread more
McKinley Plowman Federal Budget Update 2023-24
May 10th, 2023The 2023-24 Federal Budget was handed down on Tuesday 9 May 2023 by Treasurer Jim Chalmers of the Albanese government. The budget will return to a $4 billion surplus this financial year, followed by a $13.9 billion deficit the following year. Treasury forecasts under this budget inflation will fall from 6% this year to 3.25%read more
Another ATO Rental Property Crackdown
May 5th, 2023Just as they did in 2019, the ATO are launching a campaign to target rental property owners who incorrectly report income and expenses. Data-matching efforts have identified a tax gap of approximately $1 billion, and unsurprising are looking to recoup those funds. Financial institutions are now obliged to share data with the ATO, and thereread more
WA Property Market Update April 2023
April 27th, 2023The end of April sees us into the second quarter of 2023, and the easing of interest rate rises may well bring a greater sense of certainty to the WA Property Market. Some would-be sellers held off listing their property for sale throughout 2022 as a result of uncertainty around where rate rises would end.read more
Securing the Next Generation’s Financial Future
April 21st, 2023You’ve worked hard, made smart financial decisions, and are living comfortably on the wealth you’ve accumulated – but what about the next generation? For many of us, a primary motivator behind growing and securing wealth is looking after our family, so that even after we’re gone, they have a secure financial future to look forwardread more
Is Your Fixed Rate Loan About to Mature?
April 6th, 2023You would have to be living under a rock to miss the news about the RBA’s cash rate increases since May 2022, where we’ve seen it lifted from 0.10% to 3.60% with lenders following suit with interest rate hikes of their own. Throughout this time, many homeowners have been shielded from these rate increases whereread more
WA Property Market Update – March 2023
March 24th, 2023Wouldn’t you just know it – as if the lasting impact of the COVID pandemic on the economy wasn’t disruptive enough, another layer has been added. Recent events in the US banking sector have amplified prevailing uncertainty and brought about accelerated change here in Australia. As with other disruptive factors such as interest rate risesread more
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