THE MONEY SPECIALISTS
Got your eye on a luxury car that’ll make your mates jealous? Or perhaps something that’s a little more fuel-efficient and environmentally friendly? Today we’ll run you through a new tax change that could help you buy something a little more la-de-da.
Continue reading “The tax on luxury cars just got a little cheaper”
The Reserve Bank of Australia (RBA) has increased the official cash rate by another 50 basis points to 1.35% amid continuing inflation pressures. How much will this third consecutive rate hike increase your monthly mortgage repayments?
Continue reading “RBA lifts cash rate for the third month in a row to 1.35%”
With interest rates on the way back up, there’s no doubt some households around the country are starting to do it a bit tough. Coincidentally, some big changes kick in on July 1 when it comes to recording financial hardship arrangements.
Continue reading “Financial hardship arrangement reporting is about to change”
We’re just days away from 35,000 first home buyer scheme spots becoming available on July 1. If you’re keen to snare a place in the scheme – and buy your first home sooner – here’s how to get ahead of the pack.
Continue reading “Want a first home buyer scheme spot? Here’s how to get the inside lane”
Tax time is just around the corner and the ATO has sent out a warning to businesses around the country that owe it money: the COVID-19 moratorium on debt collection has come to an end. Rest assured though, you’ve got some options.
Continue reading “No more Mr Nice Guy: the ATO wants its money”
Rising interest rates got you feeling a little vulnerable? It might be time to take some control back by refinancing or asking for a rate review. Here’s why we’re seeing refinancing numbers surge across the country.
Continue reading “Refinancing numbers are surging across the country, here’s why”
The Reserve Bank of Australia (RBA) has increased the official cash rate by 50 basis points to 0.85%. How much extra should you expect to pay on your home loan?
Continue reading “RBA increases cash rate for second consecutive month, to 0.85%”
Some of Australia’s biggest banks have tightened their mortgage lending criteria, meaning you might not be able to borrow as much from them. How might this affect your next purchase?
Continue reading “Banks tighten lending, reducing the maximum you can borrow”
Small businesses around the nation are once again confident about their future and ready to start driving toward their next phase of growth, according to new research.
Continue reading “Bulk of SMEs preparing for growth over next 12 months: research”
Property investors beware: the Australian Taxation Office (ATO) has revealed the four key areas it will be targeting this tax year, and rental property income/deductions and capital gains are high on the hit list.
Continue reading “ATO hit list: rental property income and capital gains”