NEWS UPDATE
NEWS UPDATE
There comes a time in many families when the conversation shifts. Mum is not moving as confidently as she once did. Dad is forgetting appointments. The family home that has held decades of birthdays, Christmas lunches and backyard cricket suddenly feels too big, too risky,...
If you ask an 80-year-old what matters most in life, chances are they will not begin with money, status, career titles or the things they once rushed to buy. They may smile quietly, pause for a moment, and speak about people. About time. About health....
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 fast-paced world, the significance of taking leave and investing quality time with loved ones cannot be overstated. Our professional lives often consume vast portions of our waking hours, leaving limited opportunities to nurture the relationships that truly matter. Taking regular leave to enjoy...
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...
Sometimes, it may seem as though we have no connection to our formerly young, now-adolescent children. It can be difficult to relate with teenagers as they navigate adolescence by developing their own interests, experimenting with various social groups, testing boundaries, and taking risks. They each...
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...
House prices in the regions are growing faster than the capitals as Australians abandon big cities in search of affordability. In the three months to April, regional dwelling values increased by 3.3 per cent, outpacing the 1.1 per cent rise across Australia’s capital cities, according...
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...
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