Latest News

Interest Rates Remain Unchanged - February 2016

The RBA Board announced their decision to leave the cash rate unchanged at historical lows of 2.0% this afternoon.

Trusting Tax - API Article

Trusts have been around for centuries, since the days of knights and round tables and have played many different roles over the years. They can prove an integral tool in your investment and business journey, if used correctly.

Interest Rates Remain Unchanged - October 2015

RBA Governor Glenn Stevens media release on 6 October 2015

At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent.

The global economy is expanding at a moderate pace, with some further softening in conditions in China and east Asia of late, but stronger US growth...

Tax implications of renovating for profit - API Article

We’re regularly asked about the tax consequences of renovating to sell for a profit and the answers and issues that may arise often surprise clients. Here’s some information on renovating for profit and the significance of substantial renovations.

Is offset or redraw the best? - API Article

I had a conversation with a client a few weeks ago that went something like this: “So, you’ve just signed your property purchase contract, congratulations!” followed by my asking “Will you be living in it or renting it out?” and “Have you got the finance sorted?”.

2015 Tax Checklists

Our 2015 checklists have now been uploaded to our website.  Go to Resources, Taxation Checklists to download them and start getting your information ready for your 2015 return.

Using the Margin Scheme When Selling New Residential Property

When building new residential property with the intention of selling for a profit, the biggest consideration, apart from income tax, is GST.

Following on from last month, where we discussed the tax consequences of different types of developments, this month we take a more in-depth look at how you can use the ‘Margin Scheme’ to reduce your GST liabilities.....

Australian House Market Report - July 2015

Key take outs from the latest Australian House Market Report prepared by RP Data and National Australia Bank include:

• Nationally (capital city) house values increased by 7.9% for the 12 months to April 2015
• Sydney recorded strongest ...