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You've probably heard of the Nigerian scam where you get an email offering you a share in a large sum of money they want to transfer out of their country. And chances are you know that if you receive an email from "your bank" asking for account details ...
If we think about investment property, most of us think residential, probably because we are more familiar with it. But Australia has a vast commercial property sector - office buildings, retail centres and industrial complexes and the bulk is owned ...
Many self-employed small business people are eligible for a 25% tax rebate thanks to the existence of the entrepreneurs' tax offset. Unfortunately, new rules that came into force in June are likely to cut the offset some people receive in the 2009-10 ...
It is easy for parents to become financially exhausted as their kids grow up. One of the biggest expenses in raising kids is education. Even if you go public the annual cost is around $5000 in primary school and $5341 in high school - including tuition ...
Where should you invest your child's money? Say, their first $1000 savings? Money reader Brian opened two accounts for his 15-year-old daughter, Alex, when she started part-time work at a fast food outlet. One was a savings account that she couldn't ...
You might have heard of a home loan package where you get a rate discount on your mortgage, a range of fees waived and a host of other benefits all for one annual fee. ANZ's new "Extras Package" has taken this concept and applied it to transactions ...
Over the past three years Australians have put more than 100,000 solar panel units on their rooftops and installed 135,000 new solar hot water systems, according to Penny Wong, minister for climate change and energy efficiency. The federal government ...
Investing in land can be worthwhile in the longer-term, but a big drawback is that it rarely provides any sort of income while you hold it. And so you cannot claim the deductions you could with a rental property, such as interest on borrowings, depreciation ...
The latest federal budget has reminded investors interested in using a capital protected loan to take full account of the special tax rules that apply. The key feature of these loans is the guarantee that, should your investments fail, you won't lose ...