• TIPS ON PAYING OFF YOUR HOME & SAVING INTEREST

    November 12th 2013

    In times of rising interest rates, it’s time to take stock of your finances. Many people want to achieve their goal of home ownership and now is as good a time as any to look at some measures that c..
  • THE PARITY PARTY – WHO’S REALLY CELEBRATING?

    November 12th 2013

    At 2318 AE DT on Friday, 15 October 2010 the Australian dollar reached parity with the US dollar for the first time since the currency was floated in 1983.   The 28-year high resulted in ma..
  • NSW HOME BUILDERS BONUS

    November 12th 2013

    The NSW State government announced the introduction of various stamp duty concessions, to be known as the NSW Home Builders Bonus (HBB) as part of its 2010 budget. The HBB applies to agreements for th..
  • INCREASED FLEXIBILITY ON FIRST HOME SAVER ACCOUNTS

    November 12th 2013

    The 2010 federal budget included an announcement to allow greater flexibility for the payout of funds from a First Home Saver Account. Previously, no funds could be withdrawn for fours years, and if a..
  • ONLINE SELLING DATA MATCHING PROGRAM

    November 12th 2013

    The ATO has commenced an initiative with eBay Australia and the Trading Post to review tax compliance of online sellers. The program aims to identify any seller who has made greater than $20,000 of sa..
  • PAID PARENTAL LEAVE

    November 12th 2013

    Legislation has been passed through parliament that will introduce a paid parental leave scheme from 1 January 2011 for all births and adoptions of a child under 16 years of age. The scheme will provi..
  • NSW PAYROLL TAX

    November 12th 2013

    The annual wages threshold for the year commencing 1 July 2010 has been increased to $658,000. This threshold includes the total wages, superannuation, commissions and fringe benefits provided to empl..
  • EDUCATION TAX REFUND

    November 12th 2013

    A reminder that you may be eligible for the Education Tax Refund (ETR) if you are eligible to receive Family Tax Benefit Part A and have children undertaking primary or secondary school studies. Educa..
  • FUEL TAX CREDITS

    November 12th 2013

    Due to a change in the road user charge, the fuel tax credit on vehicles greater than 4.5 tonne travelling on public roads has been reduced to 15.543 cents per litre from 1 July 2010. The previous rat..
  • End of Financial Year Reporting

    November 12th 2013

    JENNIFER MURRAY, GOODING PERVAN – DFK MEMBER FIRM The Corporations Act 2001 (Cwth) sets down deadlines which companies must meet during the process of reporting which ensures that there is timely a..
  • IS THIS A ONCE EVERY 500 YEARS ECONOMIC SHIFT?

    November 12th 2013

    There is no denying that a generational shift is a significant event so, when an event is earmarked as ending a 500 year economic dominance, it is worth pricking the ears up and taking note. Niall..