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SMEs to get full asset write-off extension and fairer go with ATO

Small businesses in dispute with the ATO over their tax debt will get “a fairer go” under new rules proposed in the federal budget. Meanwhile, one-year extensions have been granted for the full asset write-off and loss carry-back schemes. Let’s break it all down.

By |2021-05-17T22:30:29+11:00May 15th, 2021|Asset Finance, General, Legislation, News|Comments Off on SMEs to get full asset write-off extension and fairer go with ATO

Has the housing market’s latest record-breaking run peaked?

Property prices climbed at a breathtaking pace in early 2021, which has been good news for homeowners and heartbreaking for house hunters. However, there are seven key signs that the pace of capital gains has peaked, says CoreLogic.

By |2021-05-05T11:49:48+11:00May 2nd, 2021|General|Comments Off on Has the housing market’s latest record-breaking run peaked?

Business demand for equipment has hit record numbers

Businesses across the country are purchasing new equipment and vehicles in record numbers, as companies big and small embrace the strongest market conditions seen in years, according to NAB data.

By |2021-04-22T11:40:05+11:00April 21st, 2021|General|Comments Off on Business demand for equipment has hit record numbers

COVID-19 repayment amnesty over: how to avoid a bad credit rating

The COVID-19 loan deferral program and credit reporting amnesty is now over, which means banks will report any late repayments on mortgage or small business loans to credit agencies unless you’ve entered into a hardship arrangement.

By |2021-04-22T11:42:29+11:00April 7th, 2021|General|Comments Off on COVID-19 repayment amnesty over: how to avoid a bad credit rating
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