SMSF Tax Guide: Key Obligations and Payment Tips
A comprehensive overview of Self-Managed Super Fund tax requirements, including deadlines, deductions, and strategies to avoid penalties for Australian trustees.
A comprehensive overview of Self-Managed Super Fund tax requirements, including deadlines, deductions, and strategies to avoid penalties for Australian trustees.
Financial experts discuss the pros and cons of using superannuation for mortgages, highlighting risks, benefits, and regulatory considerations for Australian homeowners.
Superannuation members are advised to avoid impulsive investment shifts during market downturns caused by global conflicts, with experts emphasizing long-term strategies.
A former QBE manager, Keira Meldrum Robinson, has been sentenced to 2.5 years in jail for stealing $333,416 from the insurer, using funds to buy a Tesla Model Y.
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RecommendedA new 7am podcast episode critically examines the Reserve Bank of Australia's recent interest rate decisions, questioning their accuracy and impact on the economy.
The Reserve Bank of Australia has increased the cash rate to 4.1%, marking a new high after a divided vote among board members, intensifying pressure on borrowers.
The Reserve Bank of Australia has increased the official cash rate to 4.1%, leading to higher mortgage repayments. This article details the extra costs for homeowners and the broader economic impact.
The Reserve Bank's latest interest rate increase to 4.1% adds up to $91 monthly for borrowers, with cumulative hikes since February costing up to $181 extra per month.
The Reserve Bank of Australia has increased the cash rate by 0.25 percentage points to 4.1% at its March meeting. This marks the second consecutive rate rise in 2026, following February's increase to 3.85%.
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RecommendedThe Reserve Bank of Australia has decided to keep interest rates unchanged at its latest meeting, citing ongoing economic challenges and inflation concerns.
The Reserve Bank of Australia has increased the cash rate to 4.1%, adding about $90 monthly to a typical $600,000 home loan. Opposition Leader Angus Taylor criticises the government's handling of inflation.
The alleged Australian Tax Office debt of Yusuf Khan, owner of Library Nightclub, has surfaced in the WA Supreme Court, raising questions about his business dealings.
A family in the Illawarra region is accused of fraud after their father, William, faked his death to claim life insurance and other benefits, leading to a police investigation.
National Australia Bank cautions that inflation could spike to 5% due to Middle East turmoil driving fuel panic buying, impacting Australian drivers and the economy.
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RecommendedPensioners face a legal setback as Raymond Jones, Ryan Jones, and Simon Bell await trial over the Sterling First collapse, highlighting ongoing financial distress.
Superannuation contribution caps have been officially locked in, bringing significant changes for savers. Learn how this impacts your retirement planning and financial strategies.
A new report reveals West Australians are missing $1.5 billion in superannuation, highlighting the urgent need for policy reforms to protect retirement savings.
A new bank survey reveals that Gen Z and Millennials feel financially and socially left behind, struggling with housing, jobs, and life goals compared to older generations.
The Australian Taxation Office has issued a stern warning to self-managed super funds, highlighting illegal practices like early access and coercive control over loans.
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RecommendedTwo individuals convicted of running a sophisticated Facebook scam in the Illawarra region have had their appeals against their sentences rejected by the Nowra District Court.
Commonwealth Bank has alerted authorities to a potential $1 billion mortgage fraud scheme involving AI-generated documents. Cybersecurity experts warn of sophisticated identity theft using stolen data from major breaches.
Benjamin Paul Reid, a high-end solicitor, allegedly stole nearly $15 million from client accounts to fund an online gambling addiction, leading to his arrest and charges of deception.
A former Townsville financier has had forgery and uttering charges dismissed in court, with the magistrate citing insufficient evidence to proceed with the case.
Wise Travel Card users will enjoy higher free ATM withdrawals and no fixed fees from May 2026, though variable fees rise, aiming to save travelers money overseas.
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RecommendedNIB Group has announced a significant increase in membership, driven by strong performance in the Hunter region, reflecting positive economic trends.
Financial expert Nick Bruining shares where savvy savers can secure the highest returns on their money amid rising interest rates, offering key insights for maximizing savings.
IMB Bank has announced a 7% increase in annual profit, highlighting its strong financial performance and ongoing commitment to supporting the Illawarra region through local investments and community initiatives.
Financial experts share essential strategies for using credit cards wisely, including tips on interest rates, fees, and building a strong credit history to prevent debt accumulation.
A prominent banking sector figure and former South Australian senator has publicly called on the Liberal Party to enhance its political strategy and effectiveness.
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RecommendedBendigo Bank has called for financial incentives to support lenders offering branch banking services in regional Australia, aiming to address service gaps and boost economic stability.