The dangers for individuals who use an online accommodation platform
If a holiday home is not actually rented to tenants and is not being used for private purposes (e.g., occupied by the owner), deductions can generally only be claimed in respect of the property (e.g., for holding costs) where it is genuinely available for rent. The ATO has previously identified ...
Going for gold: Considerations for investors
Gold Fever is in the air and it’s not just the prospect of medals at the Paris Olympics. Gold prices have been climbing strongly in 2024. Click here to read some of the considerations before investing in gold.
Interest Rate Rises
Have you ever wondered what an interest rate rise means for you and your finances? Below is a fact sheet that contains answers to any questions you might have about an interest rate rise, and how it might impact you. How does an interest rate rise work? Commercial banks will have to pay a ...
Is my whole vehicle insured?
If you have taken out a motor policy, you need to be aware if the policy covers any accessories or modifications automatically or they need to be specifically listed on the policy. Most policies require all non-standard accessories, attachments and modifications to be listed individually with ...
Demystifying AI: from Theory to your helpful Co-Pilot
Artificial intelligence (AI) refers to machines that mimic human cognitive functions like learning and problem-solving. This is achieved through a combination of algorithms, data, and processing power. There isn’t just one type of AI, though. Here’s a breakdown of the most common ...
2024-25 Federal Budget – $20,000 instant asset write-off
Last year’s budget extended ability of businesses with aggregate turnover of less than $10 million to immediately deduct the full cost of eligible depreciating assets costing less than $20,000 until 30 June 2024. In pleasing news, it was announced that the instant asset write-off has now been ...
Hire Car Cover – do you need it?
If your vehicle is damaged as a result of an accident or theft, have you considered how you will get around while you await repairs? Did you know the average wait time for repairs is approximately 3 months locally? Some insurers offer additional benefits such as hire car following a not-at ...
Ditch the Server Room: Exploring Hosted Server Solutions Like Azure
For businesses of all sizes, the constant hum of a server room can be a thing of the past. Hosted server solutions, offered by giants like Microsoft Azure and Amazon Web Services (AWS), are revolutionizing how we store data, run applications, and build online presences. But what exactly are ...
How to end the financial year on a HIGH NOTE
As the financial year draws to a close, it’s the perfect time to review your financial affairs and set the stage for a successful year to come. Click here to read on how to end the financial year on a high note.
Looking to invest in property?
If you haven’t already bought a home, chances are you’re trying to find a way to buy one. Perhaps, it’s the familiarity with the real estate market that makes property a place where many Australians choose to invest. But it’s most important to know that buying an investment property is quite ...