With the ongoing uncertainty in the economy and markets due to COVID19, there has been a lot happening with banks, loans and interest rates such as: Repayment holidays on loans; and The lowest interest rates we have seen We have assisted a number of clients to decide...
TAX YEAR END – 30 JUNE 2020 The third and final article in our series on Tax Health Check for Businesses covers Tax Deductions. Tax Strategies to Preserve Your Tax Deductions TAX ITEM EXPLANATION AAG TEAM Prepayments – Immediate...
Yes…eventually! Welcome to Part II. The chaos from COVID has thrown up plenty of opportunities, none more so than the banking sector. Let’s kick off from where we left off, starting with the four points: Why do we like the Big Four banks...still? Whilst it is...
Yes…eventually! The wave of pent-up buying in the banking sector indicates a change in sentiment, with most of the Big Four up 25% from their dismal COVID lows. Although they are still 20% off their pre-COVID levels, in our view, the move up is underway. Why? Banks...
On 3 June 2020, Prime Minister Scott Morrison announced the HomeBuilder scheme for creating more jobs in the building industry. The scheme will fund grants worth $25,000 for home renovations or new home builds between June 2020 and the end of December 2020. As with...
The First Home Owners Grant (FHOG) scheme was introduced on 1 July 2000 to offset the effect of the GST on homeownership. It is a national scheme funded by the states and territories and administered under their own legislation. Under the scheme, a one-off grant is...