Centrelink age pension ‘not enough’ as Aussies urged to seek …
WEB4 days ago · With the cost of living pushing everyday prices higher, Aussies have said the Age Pension is “not enough” for them to meet their basic retirement needs. Aussies are being urged to seek help about their superannuation and retirement so they aren’t “worse off”.. The Age Pension recently increased to $1,144.40 for singles and $1,725.20 for …
How controversial $100 billion tax break could impact you
WEB5 days ago · Treasury figures from 2021-22 showed that 1.1 million Aussies negatively geared their properties, so tinkering with that policy can affect a huge amount of people. Parliamentary Budget Office figures released earlier this year revealed negative gearing will cost the federal budget a little more than $100 billion over the next decade.
Negative gearing explained: How to turn a $13,200 loss into a …
WEB4 days ago · Bob can offset the loss of $4,800 per annum against his other income to generate a tax refund of $2,160 dollars per year ($4,800 x 45 per cent). On disposal, Bob makes a capital gain of $250,000. After the CGT 50 per cent discount, his taxable gain is $125,000. He therefore has a tax liability (at 45 per cent) of $56,250.
Tesla, Inc. (TSLA) options chain – Yahoo Finance
WEB4 days ago · Tesla, Inc. (TSLA) NasdaqGS - NasdaqGS Real-time price. Currency in USD. View the basic TSLA option chain and compare options of Tesla, Inc. on Yahoo Finance.
Why Sydney and Melbourne investors should be scared: 'Weakened'
WEB5 days ago · For many Australians, the answer is yes. Recent data from the International Monetary Fund ranks Australia as the third-least affordable when comparing the ratio of house prices to incomes – only Canada and Belgium are more unaffordable – whilst a typical property in Sydney will cost upwards of 12 times the average annual income.
China 'threat' pushing Australia into $6 billion black hole
WEB5 days ago · The most recent data shows GDP growth is at 4.7 per cent. Story continues. “To put that in perspective, a one-percentage-point drop in China’s GDP growth roughly costs Australia a quarter of a percentage point of our growth, or about $6 billion in lost output," he said. "Softer demand for iron ore, weighed down by the slowing China …
Commonwealth Bank, Westpac cut interest rates on term deposits …
WEB4 days ago · Commonwealth Bank (CBA) and Westpac have removed special offers and reduced their interest rates on a range of term deposits this week. CBA has cut its special rates by between 5 and 15 basis points this week, while scrapping its 12-month 4.50 per cent special rate altogether. Westpac has also cut its 11-month special offer by 5 basis …
Best Buy Co., Inc. (BBY) options chain – Yahoo Finance
WEBView the basic BBY option chain and compare options of Best Buy Co., Inc. on Yahoo Finance.
Major tax warning to Aussies missing out on $150,000 cash boost
WEB6 days ago · Story continues. Because you’ve held this investment for more than 12 months, you would access the 12-month long-term capital gains tax discounted rate of 50 per cent of the gain. This in turn reduces your taxable capital gain to $150,000 ($300,000 gain at 50 per cent discount). If you were to then make a super contribution and use the …
Beat the ATO: Legal and effective tricks to cut your tax bill
WEB4 days ago · Fri, 27 September 2024, 4:30 pm GMT-4 · 5-min read. Ben Nash (Getty/Ben Nash) Tax planning can help you build the money you already have. I’ll now unpack the most effective, and legal, tax-reduction strategies you can use to cut your tax bill and hold onto more of your hard-earned money. Tax is one of the most important accelerators of …