Do you own a rental property?
The ATO has released a helpful record-keeping checklist for rental property owners. Keeping the right records from the start can make tax time much easier and help you stay organised when it comes to claiming eligible rental property expenses. The checklist covers what records to keep for things like: rental income interest expenses repairs and maintenance council rates and insurance body corporate fees property management costs If you’ve recently purchased an investment prop
50 minutes ago
Federal Budget Announcement - What does this mean for you?
Following the recent Federal Budget announcements, you may have questions about what the proposed changes could mean for you, your business, your investments or your superannuation. To help, we have attached a Federal Budget Summary outlining some of the key announcements. Some of the areas covered include: Proposed changes to capital gains tax, including the replacement of the 50% CGT discount with cost base indexation for assets held for more than 12 months, from 1 July 202
5 days ago
RBA and State Budget Announcements
We saw two major developments over the past week highlighting how important housing supply and affordability have become across WA. The RBA increased the cash rate to 4.35%, while the WA State Budget announced a record $4.7 billion investment into housing measures across the State. Some of the key housing measures announced include: • More than 500 new regional worker homes • Additional investment into affordable and social housing • Increased support for first home buyers •
May 12
