The End of Financial Year Is Here!
It’s that time again July 1st, now’s the time to review where your finances are at and where you’d like to be in 12 months time. Do you own an investment property? All works or repairs you’ve been putting off should have been carried out so you can claim the expenses this financial year. Gather statements from your property manager and receipts for repairs, building work, insurance, body corporate levies, rates and water from throughout the year. Organise a depreciation schedule if you don’t already have one. The ATO allows property investors to claim………… Click here to view the full report.
Nerida Conisbee, Chief Economist, Ray White Group The Federal Budget has confirmed a major shift in housing tax policy, with negative gearing to be limited to new builds and CGT changes designed to reduce the tax advantage of investing in property. The intent is clear: reduce investor competition for existing homes and redirect capital into … […]
Cedar Mill concert venue a game-changer for Morisset A new event space at Morisset that will host headline national and international performers will put Lake Macquarie on the map as an event tourism destination and create new economic and social opportunities in the city’s south west precinct. Lake Macquarie City Councillors voted unanimously tonight to … […]