Small business entities are eligible for a range of tax concessions on capital gains that arise on the disposal of business assets. The concessions, which may be relevant to you, include: 15-year exemption 50% active asset reduction retirement exemption small business roll-over. Analysis and documentation If you apply any of these...
Australia has signed an international pledge to equal pay, leadership and opportunity for women in the clean energy industry. The Equal By 30 campaign has 180 signatories worldwide including organisations, companies and governments committed to gender equity across the sector by 2030. “There is an urgent need...
The federal government is hopeful wages will continue to grow strongly even as interest rate hikes take the heat out of the economy and stamp down inflation. Pay packets are growing at the fastest rate in more than a decade as the strong labour market continues...
An Australian firm is building what could be the world’s largest electric ferry, designed to transport thousands of passengers and vehicles in a development that could set a worldwide trend. The company behind the vessel, Incat Tasmania, has revealed the technology could be announced for use...
The gas production industry has hit back at suggestions suppliers have been purposely dodging the government’s new price cap by waiting for advice on how it works. The head of the gas producer industry group said it was reasonable for the industry to proceed cautiously with...
Job seekers could be in line for higher support payments as the treasurer looks to make room in the May budget for more cost-of-living support. The Albanese government has attracted renewed calls for higher JobSeeker and other welfare payments after Treasurer Jim Chalmers flagged further cost-of-living...
The local share market has crept a little higher in a choppy session, closing nonetheless at its highest level in eight months. The benchmark S&P/ASX200 index finished on Wednesday up 7.1 points to 7393.4, while the All Ordinaries gained 11.9 points, or 0.16 per cent, to...
Everyone wants to be happy. And, although the definition of happiness may vary among individuals, it’s no secret that most of our pursuits in life are influenced by what we think brings us joy. Some people find fulfilment in building their career or caring for their...
There’s a family event of sorts that gives parents mixed feelings of sadness, apprehension and relief — and children a lot of excitement: when a child leaves the proverbial nest. Now, this can happen early during your child’s teenage years or much later in life. Either way,...
Issuing loans or lending money comes with certain risks. This is why the majority of lenders require that borrowers provide a guarantor for their loan. If the borrower is unable to repay the debt on their own, a guarantor promises to do so in their stead....