Ershad Ullah's Posts
According to the August 2024 Monetary Policy Report published by the Reserve Bank of Australia (RBA), inflation has fallen substantially since its peak in 2022. Higher interest rates have been instrumental in bringing aggregate demand and supply closer to balance. The RBA’s target inflation range is 2-3%, and as of now, inflation is sitting at […]
As we move through 2024, many Australians continue to embrace the hands-on approach to renovation projects, finding both joy and a sense of accomplishment in improving their properties. Renovation in 2024 isn’t just about personal satisfaction; it’s also a smart investment strategy. By upgrading their properties, investors can attract higher rents and increase the overall […]
As of 2024, Australia has approximately 111,900 registered medical practitioners, including both general practitioners (GPs) and specialists actively practicing across the country. This number reflects the steady growth in the medical workforce over the past decade, driven by an increasing demand for healthcare services. At Investax, we have extensive experience working with medical practitioners, and […]
INTRODUCTION Purchasing property through a Self-Managed Super Fund (SMSF) is a primary motivator for many property investors looking to take control of their retirement savings. An SMSF allows investors to directly manage their superannuation funds, providing opportunities to diversify into property investments. This investment strategy has grown in popularity due to its potential for long-term […]
Australia has about 515,000 registered teachers, with most (81%) working in schools. Australian teachers are known for their dedication to their students’ education and well-being. If you are an Australian teacher, you often work beyond your contracted hours, dedicating time to lesson planning, grading, and providing extra support to students. Many teachers also spend a […]
The Australian Government’s decision to increase the instant asset write-off threshold from $1,000 to $20,000 for the 2023-24 financial year brings significant advantages for small businesses. This article will delve into the implications of this change, eligibility criteria, and strategic considerations for small business owners. What is the Instant Asset Write-Off? The instant asset write-off […]
Australians generally understand the importance of paying taxes, as it funds essential services like healthcare, education, and public safety. However, there’s a common sentiment of frustration when it comes to paying more tax than necessary, especially when there are legal ways to reduce one’s tax burden. With the end of the 2024 Financial Year (FY), […]
As June 2024 draws near, small business owners find themselves navigating a landscape marked by economic challenges and opportunities. In the face of rising inflation and continuous interest rate hikes, many Australian businesses are feeling the strain on their cash flow and financial stability. The Reserve Bank’s efforts to curb inflation have resulted in higher […]
As June 2024 approaches, property investors face a unique set of challenges and opportunities in the Australian real estate market. With inflation on the rise and interest rates remaining high due to the Reserve Bank’s ongoing measures to control economic pressures, investors are feeling the financial pinch more than ever. These economic conditions have led […]