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FBT Exemption on Electric Cars

The Federal Government has introduced a new Bill to exempt from fringe benefits tax (FBT) electric cars made available by employers to employees. The exemption will only apply where the retail price of the car (and the price of other related supplies which might attract luxury car tax) are below the luxury car tax threshold...

How high will interest rates go?

Though not entirely shocking, it still delivered a blow to many earlier this month—and no, we’re not talking about the news that Starburst has been discontinued in Australia. Citing inflation, a tight labour market with expected wage growth and the need for ‘well anchored’ medium term inflation expectations to remain, the RBA increased the cash...

Why you might want to refinance sooner rather than later

Thinking about refinancing? As interest rates rise, so do the hurdles you need to clear. Here’s why you might want to look at refinancing soon to avoid potentially missing out. When was the last time you refinanced? If the answer is “never”, or you can’t actually remember, there’s a good chance you’re paying a higher...

Have interest rates risen around the world too?

This year, many things have happened that weren’t on our 2022 bingo cards. An Oscars slap that stopped the world, a year’s worth of rainfall in a week, and an $11 price tag on an iceberg lettuce all knocked us for six. But just as we were starting to get used to the unexpected, the...

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