Travel expenses related to inspecting, maintaining or collecting rent for a residential rental property will be disallowed from 1 July 2017. The Government said that this change is designed to address concerns that many taxpayers have been claiming travel deductions without correctly apportioning costs, or have claimed travel costs that were for private travel purposes. […]
Archive | Property Investment
RSS feed for this sectionReserve Bank of Australia has decreased the cash rate
03
May
As the end of the financial year draws closer, the Reserve Bank of Australia has today announced it has decreased the cash rate by 25 basis points. The official cash rate is now 1.75%. In taking this decision it appears the Reserve Bank has reacted to concerns around the relative strength of the Australian Dollar […]
Foreign Investors – disclosure and approval for interests in Australian Property
11
Nov
AUSTRALIAN FOREIGN INVESTMENT INFORMATION QUEENSLAND. Foreign investment – disclosure and approval for interests in Australian property Foreign investors need to plan and act now to comply with Australia’s changes to foreign investment rules. Will you be affected by these measures? You will be affected by these measures if you acquired the interest in the Australian […]
Interest Rate remains unchanged
04
Nov
The Board of the Reserve Bank have decided to leave the official interest rate unchanged for the month of November 2015. The official cash rate remains at the historical low of 2%. The next meeting to review interest rates is scheduled for December 1. Noosa Superannuation Accountants & Financial Advisors Sunshine Coast QLD Stratogen Accounting […]
