NEWS UPDATE
NEWS UPDATE
Changing a business’s ownership structure can be a complex process, often necessitated by various circumstances, such as partnership disputes, divorce, retirement, or the sale of the business. Regardless of the reason, it’s crucial to understand the legal implications and ensure the transition is smooth and...
In today’s world, more investors are seeking not only financial returns but also alignment between their money and their values. This approach, known as ethical investing, is about choosing investments that consider environmental, social, and governance (ESG) factors alongside traditional financial analysis. It’s investing with...
Key points Introduction This Budget is the most consequential in years given the Government’s committing to address poor productivity – and by implication stagnant living standards – while also dealing with the impact of the global oil shock and issues around intergenerational equity. As such...
Treasurer Jim Chalmers is defending an extra $18 billion in government spending next financial year despite warnings it will make the Reserve Bank’s fight against inflation harder. The federal budget on Tuesday revealed government spending will climb to $829.6 billion in 2026/27, billions more than...
Tax changes in the budget give the government scope to direct more relief to workers in future, raising the prospect of a 2028 pre-election sweetener. While higher taxes on assets will be returned to workers via tax cuts in the short term, Treasury predicts the...
The federal government must crack on with harmonising regulations so that businesses like retailers, airports and farmers can avoid costly red tape, a major business lobby says. The Alliance of Industry Associations, representing 30 groups including banks, business, builders, farmers, transport, tourism and retail, made...
Superannuation performance test changes are being flagged as a way to boost Australia’s lagging productivity rate, as the federal treasurer promises more budget savings. First signalled during Jim Chalmers’ economic reform roundtable in August, changes floated by Treasury on Friday include benchmarking “emerging” asset classes...
More Australians will be able to pick up their prescriptions for less money, as the government boosts medicine subsidies in the federal budget. The Pharmaceutical Benefits Scheme, which regulates prices of life-saving medications, will be increased by an extra $5.9 billion over the next four...
Australia’s electric car drivers may escape a road-user charge for another year but will pay more tax under measures revealed in the federal budget. The changes are part of several reforms to support low-emission vehicles in the budget, including an extension of its electric car...
Australia’s growing throng of solar panels, batteries and electric cars will be managed by a new regulator in a multimillion-dollar budget commitment welcomed by investment and climate groups. The change will come in addition to support for biofuel production, faster environmental approvals, and a solar...
Artificial intelligence will be deployed across the federal government for everything from evaluating medicines to identifying tax fraud in a bid to boost the nation’s productivity. A long list of AI trials were named in the federal budget on Tuesday for agencies ranging from Veterans’...
Anthony Albanese is playing “gutsy” politics with sweeping changes to tax concessions for landlords but risks offending established investors who may not have expected the overhaul, an expert in politics says. From July 2027, negative gearing will be scrapped for all homes except new builds,...
Climate wins on bike lanes and batteries have been overshadowed by a failure to capture fossil fuel revenue and rein in off-road diesel credits, environment groups say. The lead up to Tuesday’s federal budget was dominated by a campaign to hike taxes on gas exports...
Australia’s regions will benefit from funding to bolster fuel supplies and public hospitals, but investment in rural health reform, better connectivity and safer country roads continues to fall short, according to industry groups. The federal budget confirmed a $10 billion immediate measure to establish a...
When it comes to investing, one of the most important — yet often overlooked — steps is defining your risk profile. It’s the foundation upon which your entire financial plan is built. Without a clear understanding of how much risk you are willing and able...
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Financial Services Guide Part 1
Joel Plowman's Financial Services Guide Part 2
Leigh Jenkins Financial Services Guide Part 2
Rod Harper Financial Services Guide Part 2
Mark Trajkovski Financial Services Guide Part 2