Ershad Ullah's Posts
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 […]
Owning a rental property can be highly rewarding, but it also brings many responsibilities and challenges. While some property owners may choose to manage their properties independently, hiring a professional property manager offers significant benefits. Here are the main reasons why engaging a professional property manager is essential for your rental property’s success: 1. Find […]
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 […]
As we approach the end of the financial year, it’s the perfect time to remind everyone of what the tax office expects from taxpayers with investment properties. Navigating the myriad rules and regulations surrounding investment property tax claims can be daunting, and misunderstandings can easily lead to costly mistakes. Whether you use a tax agent […]
Federal Budget 2024 The Treasurer handed down the 2024 Federal Budget on Tuesday 14 May 2024, promising to reduce household expenses for regular Australians, contributing to a projected 0.75% decline in inflation. At this stage, Australians are primarily concerned with what the government is doing to normalize the cost of living and reduce grocery bills. […]
Every time we face financial hardships, we confront the age-old question: Should I sell my investment property? Is it worth keeping the investment property amid all the pressure of rising costs and inflation? As retail interest rates surpass the 6% mark among Australia’s major lenders, many investors are now questioning the viability of holding onto […]