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Posts Tagged ‘finance’
Tax Debt Firmly in the ATO’s Sights
September 19th, 2023If you have operated a business for the past few years, you are probably aware that the Australian Taxation Office (ATO) were a little more willing than normal to extend payment deadlines and work with businesses to ensure the prevailing economic conditions didn’t put them in dire financial straits. More recently, however, the ATO hasread more
WA Property Market Update August 2023
August 29th, 2023In the ever-evolving Australian property market, the echoes of national macro-economic factors reverberate throughout each region, and prospective buyers, investors, and homeowners find themselves amidst a landscape marked by both challenges and opportunities. The relationship between inflation, interest rates, and supply-demand dynamics combine to shape the course of the residential and industrial property sectors alike.read more
Tax Lessons Learned from the 2023 Women’s World Cup
August 22nd, 2023Just like that, the Women’s World Cup is finished! Over the past month, we’ve seen an impressive run to the semifinals from the Aussies, a few favourites knocked out early, and some intense competition on the pitch. And wouldn’t you just know it, we’ve learned a few tax-related lessons along the way! If you’re readyread more
WA Property Market Update June 2023
June 30th, 2023The cold weather is upon us here in WA, and the property market certainly hasn’t bucked the trend by warming up. The RBA’s interest rate rises in May and June caught quite a few off-guard, especially as even many of the most conservative commentators predicted at least a minor reprieve. The knock-on impact of thisread more
Understanding Near-Prime and Non-Conforming Specialist Loans
June 14th, 2023If you’ve ever applied for a loan, particularly a mortgage, you’ll be aware of the hoops you’re required to jump through to get a loan approved by a lender, even if you decide to go with a broker. There are documents to provide, budgets to complete, and often a significant deposit to put down. Theread more
Family Office – Growing & Protecting Significant Wealth
May 31st, 2023In our article and newsletter content here at McKinley Plowman, we often touch on the importance of managing one’s finances effectively. This typically involves getting the basics right – setting a budget, making well-informed financial decisions, engaging with an adviser, and so on. While these are relevant for just about everyone, there are additional layersread more
WA Property Market Update May 2023
May 25th, 2023The end of the first half of 2023 is nearly upon us, and with it, the WA Property Market Update for May 2023. A slightly unexpected 25 basis point interest rate rise from the Reserve Bank of Australia (RBA) in May has seemingly not hampered the positive momentum of the broader property markets around Australia.read more
McKinley Plowman Federal Budget Update 2023-24
May 10th, 2023The 2023-24 Federal Budget was handed down on Tuesday 9 May 2023 by Treasurer Jim Chalmers of the Albanese government. The budget will return to a $4 billion surplus this financial year, followed by a $13.9 billion deficit the following year. Treasury forecasts under this budget inflation will fall from 6% this year to 3.25%read more
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