In the Media

It’s no secret that the wealthiest people enjoy a life of comfort, extravagance, and security. But why is it that only a few achieve this status while most are left struggling and vulnerable?   The key lies in the money management skills and practical behaviours that they adhere to throughout their lives....

Before the Treasury Laws Amendment Bill 2019 was enacted, the cost for holding a vacant property was largely deductible. According to the ATO’s guidelines, deductions can be applied on the vacant land that’s intended to be developed in the future for income-generating purposes.   Holding the vacant land can’t be regarded yet...

Special rules on the implementation of capital gains tax (CGT) for non-residents have been proposed in the 2017/18 Budget. These new rules will apply to foreign residents when selling their ‘main residence’ or property in Australia.   A property is considered a ‘main residence’ if: -          You and your family reside in it. -         ...

Employee Share Schemes (ESS) enable employees to buy shares of the company they’re working for at a discounted price. Alternatively, employees may choose to buy stock options which give them the right to buy or sell shares at an agreed price and date. Regardless of the scheme offered, employees are...

Technology is everywhere and it’s obvious how innovations have affected our lives. Look at where Microsoft, Apple, and Facebook has gotten us compared to where the world was 10, 20, or 30 years ago. Also, look at how big these companies have become in a span of a few years. You...

Stashing your money in the bank and waiting for it to grow with the standard interest rate is the usual path for growing your account. However, it will take a very long time before you see it bear fruits. But with the option to invest your money in a high-interest...

Organizations often offer various incentives to employees to encourage them to increase their output or stay longer to serve the company. In addition to salary increases, companies may offer stock options or restricted stock units (RSU) to deserving employees. But what’s the difference between the two? Which one is better? Here’s a...

Just this 2018, the NSW government released over 40 different types of rebates and savings that can help residents across the state save more money. They even took the initiative to make it easier for people to access by providing an online portal where they can register for the savings...

Are you planning to invest in a property to make it an income-generating asset? Or maybe you found a good spot where you can live and retire? Whichever the answer is, you have to consider the repayment plan and interest rates associated with the investment. Knowing the available options and...