Negative gearing is a common tax strategy used by property investors to offset the costs of owning a property against assessable income. The strategy is arguably one of the most generous tax breaks available to Australian property investors. It allows
The Government has taken a two-prong approach in this year’s Federal Budget to stimulate growth in the economy by providing targeted spending and business incentives. Regional infrastructure A key feature of this year’s Budget is the commitment to investing in
The Budget has introduced a series of changes to superannuation tax arrangements that are intended to align superannuation with the purpose of providing income in retirement. The key elements of the superannuation changes include: Introducing a transfer balance cap: There
This year’s Federal Budget is based on a ten-year enterprise tax plan designed to stimulate more small business activity by boosting new investment, creating jobs and increasing real wages. One of the key features of this plan is that
