Recent discussions around superannuation in Australia have focused on new tax reforms set to target high-balance accounts. From July 1, changes will be implemented, notably a tax imposed on superannuation …
Tax
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Around three million Australians are set to see an increase of over $2.5 billion in outstanding student loan debt due to annual indexation, effective from June 1. The Albanese government …
- World
Elon Musk Slams Trump’s ‘Grand, Impressive Bill,’ Highlighting a Rift in Their Important Relationship
by adminElon Musk has openly criticised a key aspect of US President Donald Trump’s legislative agenda, signalling a significant rift in a previously strong partnership formed during last year’s election campaign. …
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In a significant policy announcement ahead of next year’s state election, the Victorian Liberals and Nationals revealed plans to abolish stamp duty for first-home buyers purchasing properties valued up to …
- National
Three Sentenced to Jail, 18 Facing Charges in Multi-Million Dollar Tax Fraud Scandal
by adminThree individuals have been sentenced to prison for tax fraud, while 18 others face charges related to extensive frauds involving financial institutions and government agencies, according to Queensland Police and …
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Rushing to complete your tax return as soon as the financial year ends might seem responsible, but it can lead to costly mistakes. According to CPA Australia, many taxpayers often …
- National
Tax Office Cautions Against Fraudulent Websites Disseminating False Superannuation Claims
by adminThe Australian Taxation Office (ATO) has issued a cautionary statement regarding misleading information circulating online, particularly claims suggesting that the age for accessing superannuation would rise to 70. In reality, …
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TikTok users are being cautioned against heeding the tax advice shared by so-called “finfluencers,” according to Certified Practising Accountants Australia (CPA). The organisation has highlighted some alarming and “outrageous” claims …
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The Australian Taxation Office (ATO) has highlighted some of the most absurd claims people made for tax deductions last year, demonstrating a widespread misunderstanding of what constitutes a legitimate work-related …
- Politics
Election Rhetoric Intensifies Over Negative Gearing as $180 Billion Price Tag Emerges
by adminIn the current federal election, perspectives regarding controversial housing concessions are divided, with both major political parties facing scrutiny over their positions. The Greens, led by Adam Bandt, have actively …
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