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Buying a new home? Make sure you know the tax ins and outs
With house prices falling in some major capital cities, you may be looking to buy a home – either as a first home buyer or otherwise. In this case, there are a few important Capital Gains Tax (CGT) matters to take into consideration. Firstly, there is the rule that a...
Analysing Federal Budget 2026-2027
On 12 May 2026, the Federal Government delivered its fifth Budget. It was one of the most dramatic and significant budgets in decades. Among other things, it announced that negative gearing would be abolished for property purchased after 1 July 2027 (albeit,...
Change To The Tax Treatment Of Holiday Homes
No doubt noting the growing trend for people to rent out property for short-term accommodation, the ATO has withdrawn a 40-year old ruling and replaced it with a new draft Taxation Ruling accompanied by two draft Practical Compliance Guidelines that between them cover...
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