My sister is thinking of renting her whole house out over the Christmas break for about three weeks when she goes camping. I am concerned about the tax implications. I have heard that people who rent out on Airbnb have to pay capital gains tax when ...
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... Winney says the most important consideration for anyone thinking about taking voluntary redundancy is the financial implication, and the next consideration is whether someone really dislikes working for the company and/or the manager. "If they find that ...
COVID-19 has blown out the wealth gap between younger and older Australians to a 20-year high, with those aged 25-34 lagging on economic and home ownership. The Australian Actuaries Intergenerational (AAI) Equity Index report released this week found ...
The final two days of June and the first few days of July saw more than half a million superannuation members apply to access their money early. If each application is granted, it's estimated another $4 billion will be wiped from people's retirement ...
Dear Paul, I am a single income earner, aged 36, and am on $120,000pa with some perks such as a company house and matched share options in the mining industry. I am currently on the highest level of share purchase at $570 a month and salary sacrifice ...
The end-of-financial-year sales means this is one of the busiest shopping periods on the calendar as retailers slash prices across a huge range of products to clear old stock. Aussies usually jump at the chance to buy big-ticket items on the cheap (after ...
Making a tax claim on your investment costs depends on whether you're a long-term investor or a professional trader. This important distinction will determine whether your share wins will be taxed as capital gains or whether they will be assessed ...
... has now rallied back to levels last seen in late May 2019 while 2020 EPS estimates have fallen by more than 30%. The implication being that markets are now pricing in an unrealistically optimistic scenario where the global economy normalizes in the second ...
Taking a repayment pause from your mortgage will help save the finances of many Australians in hardship. But it will also cost them on the other side of the coronavirus crisis. How much more you pay depends on the pausing policy of your bank. If your ...
With everyone is focused on health for themselves and their loved ones, it's time to talk about what we would like to happen when we can no longer make decisions. This week - from March 23-27 - is Advance Care Planning week, when you are encouraged ...
