We recently provided clients with details of the Federal Government’s HomeBuilder Scheme which provides Grants of up to $25,000 for new home builds or renovations. The WA State Government has now announced the introduction of two housing construction grants and an...
News Articles
AAG Tax Planning Strategies for Individuals for 30 June 2020 – Part 1
TAX YEAR END – 30 JUNE 2020 With the end of the financial year just two weeks away, we’ve prepared some tips for our personal clients to make sure they maximise their deductions for their tax returns before 30 June 2020. There will be another separate series for our...
Can you bank on the Big Four Banks? Part 2
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...
Can you bank on the banks? Part 1
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...
Renovation Rescue! – HomeBuilder Scheme
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...
Make the most of these schemes: HomeBuilder & First Home Owners Grant
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...