Purchases of Australian property by overseas investors have plunged after the government announced a ban on foreigners buying Australian homes. The number of investment approvals fell by more than 22 per cent to 5284 in 2024/25, the Productivity Commission found in its annual trade and assistance...
A modular home factory will receive $120 million in taxpayer backing to turbocharge the fledgling industry and solve Australia’s housing shortage. The investment in Built Living – a 50:50 joint venture between Australian contractor Built and Bunnings owner Wesfarmers – is the first foray into housing...
Tax is an unavoidable part of running a small business, but it is also one of the areas that can create the most confusion. For many business owners, tax sits somewhere between administration, compliance and financial planning. It is often pushed aside while the more immediate...
For years, retirement can seem like a date on the calendar. A number. An age. A point somewhere in the future when you finally finish work, close the office door, hand over the keys or switch off the computer for the last time. But when that moment...
Every stage of life offers unique opportunities for personal growth and well-being, both physical and mental. Whether you’re in your 20s or beyond your 50s, there’s always something new to try that can keep you active and mentally stimulated. Here are some specially curated activities...
A Self-Managed Super Fund (SMSF) offers individuals greater control over their retirement savings, allowing them to choose a variety of investment options. To maximise long-term returns and financial security, it is essential to understand the available investment avenues and develop a strategic approach. Here’s a look at...
Family law encompasses a wide range of legal issues, including divorce, child support, and custody, and navigating through these matters can be an intricate and emotionally challenging experience for all parties involved. In Australia, family law cases are governed by specific laws outlined in the...
As the US dragged itself out of the Great Depression, newly-elected president Franklin D Roosevelt pioneered an informal style of radio address to nurture rapport with a bruised American public. It’s unclear whether the LED lighting at InterContinental Brisbane, the setting for Reserve Bank deputy governor...
Workers being able to access their superannuation early would destroy their retirement earnings, the treasurer has warned, following calls by Pauline Hanson. The One Nation leader has called for a relaxation of rules that would allow people to withdraw their super in times of crisis to...
A dive in new home loans to property investors is an “encouraging sign” Labor’s changes to negative gearing and the capital gains discount are working as intended, Treasurer Jim Chalmers says. The number of investor loans fell 8.6 per cent in the June quarter, while first...