Positive vs Negative Gearing Investment Properties

Positive vs Negative Gearing Investment Properties

A frequently asked question we get is why would someone want a negatively geared investment property?The answer to this depends on what you are trying to achieve from your investment property.A negatively geared investment property means that the expenses and...
You could save by Salary Packaging your day to day Expenses!

You could save by Salary Packaging your day to day Expenses!

Imagine if you could pay for some of your living costs before the tax man gets his cut? Salary Packaging allows you to pay for a variety of your everyday expenses with your before tax income – this will lower your taxable income and you will pay less tax!Eligible...
Maxing Super Contributions before EOFY

Maxing Super Contributions before EOFY

The 2019/20 financial year is the first financial year in which you are able to use any unused concessional contributions cap from a previous year; known as the ‘carry forward rule’, so you could super boost your super balance this year.This extra contribution into...
Home Office Expenses & Covid-19

Home Office Expenses & Covid-19

Due to COVID-19, the ATO have implemented different Home Office deductions from March 2020 to June 2020. These deductions are calculated 1 of 3 ways.Shortcut method. 80c per hour worked from home.This is to cover ALL expenses, including: Phone expenses, internet...
Buy your first home with next-to-no deposit!

Buy your first home with next-to-no deposit!

Thinking about buying your first home?Currently, Australia’s peak property body, The Property Council of Australia, is lobbying the government to provide $50,000 to buyers of newly constructed properties.However, have you heard about the government’s current 3 schemes...