News
ATO crackdown on tax cheaters in ‘hidden cash economy’
The Australian Tax Office is running national campaigns targeting three “high-risk” industry groups – restaurants and cafes, building trades and hair and beauty, in a
The impact of RBA’s decision to keep interest rates on hold
The Reserve Bank has kept interest rates on hold this month, with the cash rate remaining at a record low 2.25%. The hold on rates
Australia’s Housing Bubble Widening the Gap Between Rich and Poor
Further interest rate cuts risk making property even less affordable in Australia’s two biggest cities, and according to experts would intensify dangerous imbalances already building
Your Superannuation Obligations – Employees vs Contractors
Many businesses understand that employees and contractors are treated differently – but to what extent? While superannuation is an entitlement typically associated with employees, there
The Board of Taxation’s Recommendations For Small Business
The federal government has recently released the Board of Taxation‘s report on taxation impediments to the success and growth of small businesses, ahead of the
Should you Invest in a Unit or House?
Often the biggest challenge in buying your first investment property is choosing the right property to invest in. With the booming house market and increase
Bans Recommended for Borrowing Within SMSFs
A new recommendation was released by the Murray financial services inquiry last December, which proposed an end to investment in residential and business properties using
Is a Self-Managed Superannuation Fund Right For You?
Self-managed superannuation is the fastest growing type of fund in Australia and it is little wonder why their popularity is increasing. The number one thing
Fixed home loan rates the next big thing
Traditionally, Australia hasn’t been one to adopt fixed term rates primarily due to our rather uncompetitive rates, which have made long term fixed cost periods
The benefits of salary sacrificing
There has been a lot of debate over the past few years about whether salary sacrificing produces worthy benefits for employees and indeed employers. There
Financial Market outlook for 2015
This year is shaping up to be another volatile year for the share market, but financial experts say that there are positive trends that should
A Federal Budget and Tax Update for 2015
With the 2015 Financial year well under way, Fortis Accounting Partners looks at some of the changes and updates that come with the Federal budget
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