2017 Budget Update

2017 Budget Update   The federal budget was handed down on 9th May and here are important changes: Personal Income Tax From 1 July 2017, the Government will limit plant and equipment depreciation deductions to outlays actually incurred by investors in residential rental properties.  This means that no deduction will be available on any plant […]

Superannuation Changes

Superannuation Changes – 1 July 2017 There are a number of changes to superannuation that will come into effect from 1 July 2017.  The most important are as follows: The concessional contribution limit will be $25,000 (this has reduced from $30,000). The non-concessional contribution limit will be $100,000 with the 3-year bring forward reducing to […]

Business structures and restructures: Is your structure working against you?

Many business owners don’t realise that the business has outgrown its structure until something comes up – and this something is usually something negative. Are your assets at risk? Legal action by employees, customers and suppliers as well as divorce are the two primary risk issues for many business operators. If you have been operating […]

China: Opportunities, investment and appetite

There has been a lot of discussion about China lately – Free Trade Agreements, financial stability and growth and the impact on the Australian economy, and Chinese investment in Australia. With the help of our international contacts, we explore the impact of China on Australia and give some context to the debate. According to Austrade, […]