The Australian Labor Party are short odds favourites to win the next federal election and have proposed a substantial tax reform agenda. This article outlines what we know to date about their negative gearing, capital gains discount, and imputation credit reforms.Read More
This article is about the Commissioner's final report in the banking royal commission released to the public on 4 February 2019.Read More
The United Nations estimates there are more than 40 million victims of modern slavery worldwide. Over half of these victims are exploited in the Asia-Pacific region, in which the supply chain of a significant number of large businesses operating in Australia are based.Read More
If you have a discretionary or hybrid trust that owns residential land in New South Wales you may need to have your deed amended before 31 December 2018.Read More
Payroll tax grouping is a key risk area for all businesses. It is not only a problem for closely related entities that carry on a common or similar business. Seemingly unrelated entities can also be grouped.Read More
Westpac (and its subsidiaries St George Bank, Bank of Melbourne and BankSA) announced that they will no longer offer new loans to SMSFs looking to invest in the property market. This takes effect from 31 July 2018.Read More
Are you strapped for cash? Unable to afford your rent? Have you taken on more leasing space than you need?
Subleasing may be just what the doctor ordered. And yes, there are ways to make it work. While subleases occur much less frequently in practice than direct leases from the owner of the freehold, do not underestimate the commercial benefits of subleases..Read More