by Mark Cusack | Nov 18, 2024 | eNews
Australian voters tend to reject US-style education, favouring more egalitarian systems where income does not determine access. In the US, the average student debt is USD $37,693 (public and private debt), taking an average of 20 years for individuals to repay. But,...
by Mark Cusack | Nov 18, 2024 | eNews
The Fair Work Commission has determined that a Philippines-based “independent contractor” was an employee unfairly dismissed by her Australian employer. Like us, you are probably curious how a foreign national living in the Philippines who had an...
by Mark Cusack | Nov 18, 2024 | eNews
The cost of living has eased over the past year, but consumers are still under pressure. For business, planning is the key to managing Christmas volatility. The countdown to Christmas is on, and we’re in a headlong rush to maximise any opportunities before the...
by Mark Cusack | Oct 16, 2024 | eNews
Suppose you are aged 55 years or older. In that case, the downsizer contribution rules enable you to contribute up to $300,000 from the proceeds of the sale of your home to your superannuation fund (eligibility criteria apply). In 2023-24, over 57% of people making a...
by Mark Cusack | Oct 16, 2024 | eNews
Introducing a new series of articles from EPOCH focussed on the hot topic of business succession. Each month, we’ll bring you a new perspective on transferring property. Be it estate planning, managing an inheritance, or the various forms of business succession....
by Mark Cusack | Oct 16, 2024 | eNews
‘Payday super’ will overhaul how businesses administer superannuation guarantee. We look at the first details and the impending obligations on employers. From 1 July 2026, employers must pay superannuation guarantee (SG) on behalf of their employees on the...
by Mark Cusack | Sep 16, 2024 | eNews
The politicians have weighed in on the Reserve Bank of Australia’s economic policy and their reticence to reduce interest rates in the face of community pressure. We look at what the numbers really show. Treasurer Jim Chalmers has stated that global uncertainty and...
by Mark Cusack | Sep 16, 2024 | eNews
Own an investment property or an expensive lifestyle asset like a boat or aircraft? The ATO is looking closely at these assets to see if what has been declared in tax returns matches up. The Australian Taxation Office (ATO) has initiated two data-matching programs...
by Mark Cusack | Sep 16, 2024 | eNews
You login to your myGov account to find that your activity statements for the last 12 months have been amended and GST credits of $100k issued. But it wasn’t you. And you certainly didn’t get a $100k refund in your bank account. What happens now? In what is rapidly...
by Mark Cusack | Aug 19, 2024 | eNews
Breaking up is hard to do. Beyond the emotional and financial turmoil divorce creates, several issues need to be resolved. What happens when there is a family company? For couples that have assets tied up in a company, the tax consequences of any settlements paid from...
