Author Archives: feedsy
Property investing – residential vs. commercial real estate
22 February
In the realm of property investment, prospective investors often grapple with comparing residential vs commercial real estate. Both offer viable investment opportunities, but they also come with their own unique advantages and drawbacks. Hence,...[Read More]
Why you need to do something you love every single day
22 February
Engaging in activities that you love is not only enjoyable but also offers a multitude of benefits that can enrich your life in various ways. So, if you’re on the fence about indulging one or some of your life’s passions, here are some...[Read More]
Data could end year-long holiday home tax breaks
22 February
New data collection methods could end the days of short-term rental property owners claiming tax deductions when the home is not being rented. Prime Minister Anthony Albanese has vowed to raise the issue of the owners of holiday rentals or Airbnbs...[Read More]
Consumers, productivity still cloud outlook: RBA
22 February
Stubbornly high inflation, a failure to revive productivity growth and a deeper consumption slowdown are all live possibilities keeping the Reserve Bank on guard. Cutting interest rates was not discussed at the February cash rate meeting, with board...[Read More]
Rate hike case scuttled by improving inflation outlook
22 February
The Reserve Bank of Australia is growing more confident it can conquer inflation in the time-window it has given itself. Yet it’s still too early for it to consider interest rate cuts, with board members discussing another 25 basis point hike or...[Read More]
Outgoing ATO boss calls for greater tax office powers
22 February
The outgoing head of the ATO has called for the tax office to have the power to collect evidence as part of criminal investigations. In a speech to the National Press Club, ATO commissioner Chris Jordan said the organisation should be given powers...[Read More]
PM delivers big pitch on tax cuts as crucial vote nears
15 February
Anthony Albanese has laid out his pitch for revamped income tax cuts as the changes reach a major hurdle. The prime minister told parliament the tax changes would not leave people behind, saying the measures represented meaningful change. “We want...[Read More]
Treasury eyes ‘rare’ full employment opportunity
15 February
Australia has a chance to keep the gains in the jobs market generated by the pandemic recovery, Treasury says, provided it plays its cards right. “With the right policy choices, there remains a rare opportunity to sustain the economy closer to...[Read More]
Stamp duty costs climb as home buyers struggle to save
15 February
Saving for a house deposit is hard enough but it turns out other associated costs are soaring too, making home ownership more elusive. States and territories charge buyers stamp duty on most property purchases. The tax is up to six times more...[Read More]
Understanding the five key areas of personal finances
8 February
When it comes to managing your money, it’s crucial to have a comprehensive understanding of the five key areas of personal finance: income, spending, saving, investing, and protection. Mastering these elements can be the difference between...[Read More]
Low income earners to benefit from Medicare levy change
8 February
Low-income earners will receive a tax boost with the Medicare levy threshold set to rise. Laws introduced to federal parliament will see the income threshold at which taxpayers need to pay a two per cent Medicare levy increase by 7.1 per cent, in...[Read More]
‘Nothing’s in, nothing’s out’: RBA keeps options open
8 February
Reserve Bank governor Michele Bullock is keeping her options open on interest rate movements both up and down and remains alert to economic risks on the horizon. “Nothing’s in, nothing’s out,” Ms Bullock said during the first-ever...[Read More]
Living pressures ease for employee households
8 February
Working families are still under acute financial pressure but fewer cash rate hikes of late has tempered growth in their overall living costs. In the 12 months to the December quarter, living costs rose 6.9 per cent for employee households, down...[Read More]
Tax cuts all but assured as coalition backs changes
8 February
Low and middle income earners have been guaranteed extra relief, with bipartisan support secured for changes to income tax cuts. Opposition Leader Peter Dutton said he would not stand in the way of those doing it tough and in need of tax...[Read More]
Australians to have their say on supermarket prices
8 February
Angry shoppers will have a chance to have their say on supermarket prices and the impact it has on their household budgets as part of a new inquiry. Consultations for an independent review of the food and grocery conduct code begin on Monday. The...[Read More]