It’s tax time again and Aussies are being urged to take their time and not fall into a number of common traps. CPA Australia is offering some crucial advice for people as they get set to prepare their tax return, so they can get the most out of their returnsContinue Reading
Black Hops Brewing, an acclaimed Australian brewery stocked in bottle shops across the country, has decided to enter voluntary administration due to escalating tax debts. The move comes as a shockwave amid a surge of breweries facing similar financial strains, marking a significant setback for the company’s operations. The GoldContinue Reading
A packet of durries costs so much in Australia these days that even Motley Crue rocker Tommy Lee feels like he’s been robbed blind. And I’d wager he isn’t short of a quid. The ageing drummer couldn’t believe it when he wandered into a Melbourne 7-Eleven this week and wasContinue Reading
Australia’s illicit black tobacco market has continued to “explode”, according to police, with illegal tobacco linked to a string of recent gang murders and arson attacks across the country. Scott Weber from the Police Federation of Australia told an inquiry into new vaping and smoking laws that the black cigaretteContinue Reading
Australians are losing upwards of tens of millions of dollars per year due to a vicious loophole in the super system which is leaving people up to $50k worse off when they leave work, a finance expert has warned. Director of Super Consumers Australia Xavier O‘Halloran duplicate accounts were aContinue Reading
Sacked staff from a collapsed limo company have been left wondering what went wrong as many of its clients were multi-millionaires and billionaires with no shortage of cash. On Tuesday, news.com.au reported that Brunel Chauffeur Drive and Limousines Pty Ltd and three other related entities had gone into liquidation, withContinue Reading
Influencers and those with a side hustle may be able to cash in this tax season by making the most of their return. As the cost of living crisis intensifies, many Australians have turned to side hustles to make ends meet. Whether that’s ride shares, starting a small business, orContinue Reading
Treasurer Jim Chalmers has been urged to overturn the RBA’s shock decision to hike rates. Amid fears the latest hike could result in a recession, the government has been urged to take the unprecedented step of direct intervention. “The RBA’s decision to raise interest rates again beggars belief and willContinue Reading
Millions of Australians are expected to be hit with hikes in their HECS repayments amid skyrocketing inflation. Student loans, known as HECS-Help, are not charged interest. Instead, the full amount is indexed to inflation each year. They are often labelled a “good debt” – being far cheaper than other typesContinue Reading
The ‘tech wreck’ sweeping through the technology sector has hit an Australian dad not once, but twice. A 42-year-old father-of-two has been made redundant two times in the past six months as the IT meltdown continues to wreak havoc. Rafael*, who preferred to remain anonymous, lost his job in AugustContinue Reading