The financial year is about to end and it’s probably a bit late to do anything about it now. So, in this article, we give you a history of why Australia uses June 30 to mark the end of its financial year.
There are just a few more sleeps until the end of the financial year. Have you got your house in order? Our experience is that most people leave things to the last minute. But the last minute can still be useful if you use it to get things done. So, don’t despair. Read on.
Usually, to get a tax deduction, you need to spend money. And spending money makes you less wealthy. However, there is one kind of ‘expense’ that lets you have your financial cake and eat it too. Read on while we explain.
Australians’ median wealth is the highest in the world. So, a young Australian can look forward to having access to more material resources than their counterparts in every other country. If they can manage this money well, their life will be much easier.
The tax treatment of life insurance premiums can be complicated. That said, if you can make your insurances as tax effective as possible, you can save many thousands of dollars over the life of your policies.