Property investment: Eco-Upgrades and Depreciation Benefits

The ongoing green revolution sees individuals and businesses adopting environmentally friendly practices to preserve and respect the environment. As a property investor, choosing to build or renovate your home with eco-friendly features is a wise decision. This not only reduces resource consumption and waste production in your daily life, but it also offers long-term benefits such as lower energy expenses and improved indoor air quality. By making sustainable choices in…  Read more

Budget 2023-2024

Please click on this Guide to find out more about the highlights of the recent budget.  Read more

Proposed change to tax concession for super balances exceeding $3m

The Australian Federal Government has proposed changes to the tax concessions for super balances exceeding $3 million. At present, individuals are able to hold up to $1.7 million in superannuation balances without having to pay additional taxes. However, the proposed change will see the tax concession reduced for balances exceeding $3 million. Under the proposed changes, any amount in a super account over $3 million will no longer receive the…  Read more

City of Sydney Grants | Projects that support business sector development and local economies – Opens 7 February 2023

Summary Points:  $50,000 Cash Grants offered for projects that support business sector development and local economies  Project revised to specifically target:  Not-for-profits Local business chambers Industry, sector and precinct-based associations  Member organisations Apply for funding from $10,000 to $50,000 per year up to 3 years, as well as value-in-kind support towards street banners and venue hire, and up to $5,000 towards capital expenditure or equipment purchase.  The applications are open…  Read more

Changes to domain name (website) rules

ACTION required by business owners by 20 September 2022 Australian businesses have until 20 September 2022 to secure their business name for the shortened ‘.au’ domain.  If no priority status is claimed by this date, the ‘.au’ Direct Domain name becomes Business owners should review their current domain registration details. A new system has been introduced by .au Domain Administration (auDA) to allow for access to shorter and simpler website addresses.  Businesses…  Read more

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