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Prime Minister Anthony Albanese made headlines this week not for his policies, but his growing property portfolio. The news of his recent purchase of a $4.3 million clifftop home in Copacabana on the Central Coast – which he’ll likely move into once his stint is up at The Lodge – has ruffled some feathers amidst...
The ATO will acquire officeholder data from ASIC and other bodies for the 2024 to 2027 income years, including name, address, date of birth, ABN, contact details, organisation details and officeholder details. The ATO estimates that records relating to more than 11 million individuals will be obtained. The ATO will acquire property management data from...
One of the many responsibilities SMSF trustees have every income year is valuing their fund’s assets at market value. The market value of an asset is the amount that a willing buyer and seller would agree to in an arm’s-length transaction. These valuations will be used when preparing the fund’s accounts, statements and SMSF annual...
Where a taxpayer has been the victim of identity, tax or super fraud, the ATO may apply security safeguards to their account to prevent further harm. This may require the impacted taxpayer to contact the ATO each time they need to access their information and cause inconvenience for the taxpayer as well as their tax...
The digital identity app ‘myGovID’ will soon be changing its name to ‘myID’. While the name is changing, the login and security will not change. Taxpayers who have already set up their myGovID and use it to access government online services will not need to do anything when the app changes to myID. They will...
Individual taxpayers can take the following steps right now to ensure the correct amount of tax is being put aside throughout the year: ❑ let their employer know if they have a study or training support loan, such as a HECS or HELP debt; ❑ check they are only claiming the tax-free threshold from one...
Planning to buy your first home? It takes (on average) about five to six years to save a deposit at present. But who’s got the patience to save for six years? Today we’ll look at four ways you could fast-track home ownership. They say patience is a virtue. But the narrator/protagonist of the poem that coined...
September saw the nation’s official cash rate kept on hold once again. But there is growing consensus that the RBA may cut the cash rate at one of its next few meetings. Several of the big banks, including Westpac and NAB, are expecting rate cuts in the first half of next year. Others, such as the Commonwealth Bank,...
Remember the first time you stepped into a gym? It’s unlikely you swaggered your way over to the free weights rack and started busting out squats. Well, it turns out buying your first home can be just as daunting, with 91% of first-home buyers turning to a mortgage broker for guidance. When it comes to...
Overwhelming they answered yes – some having had already moved while others were actively looking for ways to do so. Another poll by Monmouth University reported that 34% of US citizens who took part had expressed their interest to settle abroad if given a chance, while 65% of 2700 US respondents of a survey by...
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2026 Quantiphy – Eastern Suburbs, Sydney. All Right Reserved. Website By Omni Online
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